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

HeartCore Enterprises, Inc. (NASDAQ:HTCR) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 22,800 shares, a growth of 46.2% from the February 13th total of 15,600 shares. Based on an average daily trading volume, of 325,300 shares, the short-interest ratio is currently 0.1 days. Currently, 0.4% of the shares of the stock are short sold.

HeartCore Enterprises Trading Down 1.1 %

Shares of HTCR opened at $0.93 on Friday. The company has a 50-day moving average of $1.44 and a 200 day moving average of $1.25. HeartCore Enterprises has a 1-year low of $0.55 and a 1-year high of $3.38. The firm has a market capitalization of $19.47 million, a price-to-earnings ratio of 3.88 and a beta of 1.75. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.88 and a quick ratio of 1.88.

Institutional Investors Weigh In On HeartCore Enterprises

Hedge funds have recently modified their holdings of the business. CreativeOne Wealth LLC acquired a new stake in shares of HeartCore Enterprises during the fourth quarter valued at about $78,000. Citadel Advisors LLC purchased a new stake in shares of HeartCore Enterprises during the 4th quarter worth approximately $83,000. Finally, Renaissance Technologies LLC purchased a new stake in HeartCore Enterprises in the 4th quarter valued at $185,000. 1.71% of the stock is currently owned by institutional investors and hedge funds.

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.