Tivic Health Systems Inc (NASDAQ: TIVC) Disappoints Wall Street With 47.62% Stock Price Gain

In the latest trading session, 63.87 million Tivic Health Systems Inc (NASDAQ:TIVC) shares changed hands as the company’s beta touched 2.34. With the company’s most recent per share price at $0.33 changing hands around $0.11 or 47.62% at last look, the market valuation stands at $2.73M. TIVC’s current price is a discount, trading about -578.79% off its 52-week high of $2.24. The share price had its 52-week low at $0.20, which suggests the last value was 39.39% up since then. When we look at Tivic Health Systems Inc’s average trading volume, we note the 10-day average is 1.22 million shares, with the 3-month average coming to 5.70 million.

Tivic Health Systems Inc (NASDAQ:TIVC) trade information

Instantly TIVC is in green as seen in intraday trades today. With action 46.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -81.60%, with the 5-day performance at 46.70% in the green. However, in the 30-day time frame, Tivic Health Systems Inc (NASDAQ:TIVC) is 33.84% up. Looking at the short shares, we see there were 0.11 million shares sold at short interest cover period of 0.12 days.

Tivic Health Systems Inc (NASDAQ:TIVC)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.25% of Tivic Health Systems Inc shares while 3.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.65%.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 47.98 shares estimated at $14135.0 under it, the former controlled 0.58% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.37% of the shares, roughly 30.67 shares worth around $9034.0.