Tivic Health Systems Inc (NASDAQ: TIVC) Shares Might Go Down -47.69% This Year

In today’s recent session, 252.62 million shares of the Tivic Health Systems Inc (NASDAQ:TIVC) have been traded, and its beta is 2.08. Most recently the company’s share price was $0.65, and it changed around $0.42 or 176.04% from the last close, which brings the market valuation of the company to $6.13M. TIVC at last check was trading at a discount to its 52-week high of $2.24, offering almost -244.62% off that amount. The share price’s 52-week low was $0.20, which indicates that the recent value has risen by an impressive 69.23% since then. We note from Tivic Health Systems Inc’s average daily trading volume that its 10-day average is 0.3 million shares, with the 3-month average coming to 2.24 million.

Tivic Health Systems Inc (NASDAQ:TIVC) trade information

Instantly TIVC has been showing a green trend so far today with a performance of 176.04% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.5500 on recent trading daydecreased the stock’s daily price by -18.18%. The company’s shares are currently up 87.38% year-to-date, but still up 169.73% over the last five days. On the other hand, Tivic Health Systems Inc (NASDAQ:TIVC) is 133.51% up in the 30-day period. We can see from the shorts that 0.11 million shares have been sold at a short interest cover period of 0.12 day(s).

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

Upon looking at major shareholders, it appears that insiders hold 0.25% of Tivic Health Systems Inc shares, and 3.64% of them are in the hands of institutional investors. The stock currently has a share float of 3.65%.

Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 47.98 shares worth $28414.0, making up 0.51% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 30.67 shares worth around $18161.0, which represents about 0.32% of the total shares outstanding.