Short Interest in HeartBeam, Inc. (NASDAQ:BEATW) Decreases By 17.6%

HeartBeam, Inc. (NASDAQ:BEATW) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 2,800 shares, a drop of 17.6% from the August 31st total of 3,400 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is currently 0.6 days.

HeartBeam Stock Performance

Shares of BEATW traded down $0.01 during trading hours on Friday, reaching $0.59. 2,916 shares of the company’s stock traded hands, compared to its average volume of 7,528. The firm’s 50 day simple moving average is $0.51 and its 200-day simple moving average is $0.47. HeartBeam has a 12 month low of $0.13 and a 12 month high of $1.23.

About HeartBeam

HeartBeam, Inc, a medical technology company, primarily focuses on developing and commercializing ambulatory electrocardiogram solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility setting. The company develops three-dimensional (3D)-vector electrocardiogram (ECG) platform for heart attack detection.