CareView Communications, Inc. (OTCMKTS:CRVW) Sees Large Drop in Short Interest

CareView Communications, Inc. (OTCMKTS:CRVW) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 204,200 shares, a decrease of 8.5% from the March 31st total of 223,200 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is currently 10.9 days.

CareView Communications Stock Performance

Shares of CRVW stock traded up $0.00 during mid-day trading on Wednesday, reaching $0.05. The company’s stock had a trading volume of 200 shares, compared to its average volume of 14,295. CareView Communications has a 1-year low of $0.04 and a 1-year high of $0.10. The company has a market cap of $7.16 million, a P/E ratio of -5.01 and a beta of 0.31. The firm’s 50-day moving average is $0.05 and its two-hundred day moving average is $0.06.

CareView Communications Company Profile

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.