Tivic Health Systems, Inc. (NASDAQ:TIVC) Short Interest Update

Tivic Health Systems, Inc. (NASDAQ:TIVCGet Rating) was the recipient of a significant decrease in short interest during the month of May. As of May 31st, there was short interest totalling 129,300 shares, a decrease of 16.1% from the May 15th total of 154,200 shares. Based on an average trading volume of 99,900 shares, the short-interest ratio is currently 1.3 days. Approximately 2.1% of the company’s shares are short sold.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TIVC. BlackRock Inc. purchased a new stake in Tivic Health Systems in the fourth quarter valued at approximately $35,000. Schonfeld Strategic Advisors LLC purchased a new stake in Tivic Health Systems in the fourth quarter valued at approximately $42,000. Kepos Capital LP purchased a new stake in Tivic Health Systems in the fourth quarter valued at approximately $233,000. Finally, Renaissance Technologies LLC purchased a new stake in Tivic Health Systems in the first quarter valued at approximately $197,000. Hedge funds and other institutional investors own 1.31% of the company’s stock.

TIVC opened at $1.90 on Friday. Tivic Health Systems has a one year low of $1.23 and a one year high of $6.50. The business’s 50 day moving average price is $1.65 and its 200 day moving average price is $2.20.

Tivic Health Systems (NASDAQ:TIVCGet Rating) last released its quarterly earnings data on Monday, May 16th. The company reported ($0.23) EPS for the quarter. The company had revenue of $0.43 million during the quarter.

About Tivic Health Systems (Get Rating)

Tivic Health Systems Inc operates as a bioelectronic device company that delivers non-invasive neuromodulation products for the treatment of inflammatory conditions. Its primary product is ClearUP, is a medical device intended to relieve 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.

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