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

HeartCore Enterprises, Inc. (NASDAQ:HTCR) saw a significant 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. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 325,300 shares, the short-interest ratio is presently 0.1 days.

HeartCore Enterprises Price Performance

Shares of NASDAQ HTCR traded up $0.07 on Monday, hitting $1.00. The company’s stock had a trading volume of 81,200 shares, compared to its average volume of 154,377. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.88 and a quick ratio of 1.88. The company has a market capitalization of $20.93 million, a price-to-earnings ratio of 4.17 and a beta of 1.75. The stock has a 50 day moving average of $1.44 and a 200-day moving average of $1.25. HeartCore Enterprises has a 12-month low of $0.55 and a 12-month high of $3.38.

Hedge Funds Weigh In On HeartCore Enterprises

Institutional investors and hedge funds have recently modified their holdings of the company. CreativeOne Wealth LLC purchased a new position in shares of HeartCore Enterprises during the fourth quarter valued at approximately $78,000. Citadel Advisors LLC purchased a new position in HeartCore Enterprises during the fourth quarter worth approximately $83,000. Finally, Renaissance Technologies LLC purchased a new position in HeartCore Enterprises during the fourth quarter worth approximately $185,000. Hedge funds and other institutional investors own 1.71% of the company’s stock.

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.