HeartCore Enterprises, Inc. (NASDAQ:HTCR) Short Interest Up 7.6% in November

HeartCore Enterprises, Inc. (NASDAQ:HTCR) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 109,100 shares, an increase of 7.6% from the October 31st total of 101,400 shares. Currently, 2.1% of the shares of the stock are short sold. Based on an average trading volume of 186,900 shares, the days-to-cover ratio is presently 0.6 days.

Insider Buying and Selling at HeartCore Enterprises

In other news, VP Keisuke Kuno sold 26,000 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $1.27, for a total value of $33,020.00. Following the completion of the transaction, the vice president now owns 75,785 shares in the company, valued at $96,246.95. This trade represents a 25.54 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 64.20% of the stock is owned by corporate insiders.

HeartCore Enterprises Trading Down 15.1 %

Shares of HTCR opened at $1.46 on Wednesday. The firm’s 50-day moving average is $1.11 and its two-hundred day moving average is $0.85. HeartCore Enterprises has a twelve month low of $0.45 and a twelve month high of $1.89. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $30.56 million, a P/E ratio of 6.08 and a beta of 1.78.

HeartCore Enterprises Company Profile

HeartCore Enterprises, Inc, a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement.