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

HeartCore Enterprises, Inc. (NASDAQ:HTCR) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 14,800 shares, a decrease of 35.1% from the February 28th total of 22,800 shares. Based on an average daily volume of 305,900 shares, the short-interest ratio is currently 0.0 days. Currently, 0.3% of the company’s shares are short sold.

HeartCore Enterprises Trading Down 9.8 %

HTCR stock traded down $0.09 during trading on Friday, hitting $0.86. The company had a trading volume of 154,483 shares, compared to its average volume of 155,507. HeartCore Enterprises has a 52-week low of $0.55 and a 52-week high of $3.38. The company has a 50 day simple moving average of $1.28 and a 200-day simple moving average of $1.28. The firm has a market capitalization of $17.95 million, a P/E ratio of 3.57 and a beta of 1.75. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10.

Hedge Funds Weigh In On HeartCore Enterprises

A number of hedge funds have recently added to or reduced their stakes in HTCR. CreativeOne Wealth LLC bought a new stake in shares of HeartCore Enterprises during the fourth quarter valued at approximately $78,000. Citadel Advisors LLC bought a new stake in HeartCore Enterprises during the 4th quarter valued at $83,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of HeartCore Enterprises in the 4th quarter worth $185,000. 1.71% of the stock is currently owned by institutional investors.

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.