HeartCore Enterprises, Inc. (NASDAQ:HTCR) Short Interest Update

HeartCore Enterprises, Inc. (NASDAQ:HTCR) was the target of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 21,200 shares, a decline of 9.0% from the January 15th total of 23,300 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 350,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of HeartCore Enterprises

A number of institutional investors have recently added to or reduced their stakes in HTCR. CreativeOne Wealth LLC purchased a new stake in HeartCore Enterprises during the fourth quarter worth about $78,000. Citadel Advisors LLC purchased a new stake in HeartCore Enterprises during the fourth quarter worth about $83,000. Finally, Renaissance Technologies LLC purchased a new stake in HeartCore Enterprises during the fourth quarter worth about $185,000. Hedge funds and other institutional investors own 1.71% of the company’s stock.

HeartCore Enterprises Trading Up 6.1 %

Shares of HeartCore Enterprises stock opened at $1.56 on Wednesday. The firm has a market cap of $32.65 million, a price-to-earnings ratio of 6.50 and a beta of 1.70. HeartCore Enterprises has a 52-week low of $0.55 and a 52-week high of $3.38. The company’s 50-day simple moving average is $1.61 and its 200-day simple moving average is $1.18. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10.

About HeartCore Enterprises

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.