CareView Communications, Inc. (OTCMKTS:CRVW) Sees Significant Increase in Short Interest

CareView Communications, Inc. (OTCMKTS:CRVW) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 248,400 shares, an increase of 21.6% from the November 15th total of 204,200 shares. Based on an average daily volume of 212,800 shares, the short-interest ratio is presently 1.2 days.

CareView Communications Price Performance

Shares of CareView Communications stock remained flat at $0.04 during midday trading on Friday. 20,020 shares of the company traded hands, compared to its average volume of 31,766. CareView Communications has a 52-week low of $0.02 and a 52-week high of $0.08. The business has a 50-day moving average price of $0.04 and a two-hundred day moving average price of $0.05.

About CareView Communications

CareView Communications, Inc provides video monitoring solutions in the United States. Its products include CareView Patient Safety System, a video monitoring tool to improve the practice of nursing, create a better work environment, and make the patient's hospital stay more satisfying, which is used in hospitals, nursing homes, adult living centers, and outpatient care facilities; and CareView Connect, which provides resident monitoring products and services for the long- term care industry; an array of wearable and stationary buttons that allow a resident to summon help either for an emergency or assistance; a mobile app capable of delivering an alert to the caregiver and allows them document information around that alert; and alert management and monitoring system that provides a suite of hardware and software to facilitate a data-driven solution for alert management and monitoring.