HeartBeam, Inc. (NASDAQ:BEATW – Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,353 shares, an increase of 928.5% from the April 30th total of 326 shares. Based on an average daily volume of 3,060 shares, the short-interest ratio is presently 1.1 days.
HeartBeam Price Performance
Shares of BEATW traded down $0.01 during mid-day trading on Friday, reaching $0.06. 609 shares of the company were exchanged, compared to its average volume of 4,903. HeartBeam has a 52 week low of $0.05 and a 52 week high of $0.78. The business has a 50 day simple moving average of $0.11 and a two-hundred day simple moving average of $0.17.
About HeartBeam
HeartBeam, Inc is a clinical-stage medical technology company focused on transforming the diagnosis of acute cardiac events through innovative electrocardiogram (ECG) solutions. The company’s core offering leverages proprietary VectorBEAM™ technology to reconstruct a full 12-lead ECG from a compact, three-lead wearable or handheld device. By enabling rapid acquisition and secure transmission of high-fidelity ECG data, HeartBeam’s approach aims to expedite the detection of myocardial ischemia in out-of-hospital settings.
HeartBeam’s product ecosystem combines hardware, mobile applications, and cloud-based analytics.
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