Short Interest Buzzer: What’s Next for CAREVIEW COMMUNICATIONS INCORPORATED (OTCMKTS:CRVW) After Having More Shares Shorted?

November 30, 2016 - By Darrin Black   ·   0 Comments

Short Interest Buzzer: What's Next for CAREVIEW COMMUNICATIONS INCORPORATED (OTCMKTS:CRVW) After Having More Shares Shorted?

The stock of CAREVIEW COMMUNICATIONS INCORPORATED (OTCMKTS:CRVW) registered an increase of 2.6% in short interest. CRVW’s total short interest was 260,200 shares in November as published by FINRA. Its up 2.6% from 253,600 shares, reported previously. With 2.32M shares average volume, it will take short sellers 0 days to cover their CRVW’s short positions. The stock last traded at $0.0695 per share. It is down 70.83% since April 27, 2016 and is downtrending. It has underperformed by 76.06% the S&P500.

CareView Communications, Inc. is a developer of a suite of products and hardware to help connect patients, families and healthcare providers through a data and patient monitoring system . The company has a market cap of $9.69 million. The Company’s CareView System runs on each hospital’s coaxial cable television network that provides television signals to patient room. It currently has negative earnings. The Company’s CareView System suite of video monitoring, guest services and related applications connect patients, families and healthcare providers.

CRVW Company Profile

CareView Communications, Inc., incorporated on November 6, 2007, is a developer of a suite of products and hardware to help connect patients, families and healthcare providers through a data and patient monitoring system (the CareView System). The Company’s CareView System runs on each hospital’s coaxial cable television network that provides television signals to patient room. The Company’s CareView System suite of video monitoring, guest services and related applications connect patients, families and healthcare providers. The Company’s data network system is of patient care monitoring that allows real-time bedside and point-of-care video monitoring designed to recover patient safety and overall hospital cost. For patients, it has in-room entertainment package that includes high-speed Internet, access to movies and visual connectivity to family and friends. For the hospital, it offers tools to provide patient care, peace of mind and customer service satisfaction. The Company’s services and products can be used in all types of hospitals, nursing homes, adult living centers and selected outpatient care facilities domestically and internationally. The CareView System offers service packages, such as primary package, additional Careview products and guest services package.

More news for CareView Communications Inc (OTCMKTS:CRVW) were recently published by: Businesswire.com, which released: “CareView Communications, Inc. Announces Divisional Agreement with Large …” on July 11, 2016. Businesswire.com‘s article titled: “CareView Communications, Inc. Announces Agreement with Parkland Health …” and published on July 07, 2015 is yet another important article.

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By Darrin Black


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