Tivic Health Systems, Inc. (NASDAQ:TIVC) Short Interest Down 99.1% in February

Tivic Health Systems, Inc. (NASDAQ:TIVC) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 32,400 shares, a decrease of 99.1% from the February 13th total of 3,610,000 shares. Currently, 5.3% of the company’s stock are short sold. Based on an average daily volume of 669,300 shares, the days-to-cover ratio is presently 0.0 days.

Tivic Health Systems Stock Performance

Shares of TIVC opened at $3.41 on Thursday. Tivic Health Systems has a fifty-two week low of $2.85 and a fifty-two week high of $31.45. The firm’s 50-day simple moving average is $5.67 and its two-hundred day simple moving average is $5.10.

About Tivic Health Systems

Tivic Health Systems Inc operates as a health tech company, focuses on developing and commercializing bioelectronic medicine. Its primary product is ClearUP, a bioelectronic medicine for the treatment of sinus and nasal inflammation. The company sells its products on direct-to-consumer channel through its own websites; and platforms, such as Amazon.com and Walmart.com, as well as to U.S.