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

HeartCore Enterprises, Inc. (NASDAQ:HTCR) was the recipient of a large decrease in short interest in 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. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 305,900 shares, the days-to-cover ratio is presently 0.0 days.

HeartCore Enterprises Trading Down 9.8 %

HTCR traded down $0.09 on Friday, hitting $0.86. The company had a trading volume of 154,483 shares, compared to its average volume of 155,507. The business’s fifty day simple moving average is $1.28 and its 200 day simple moving average is $1.28. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10. HeartCore Enterprises has a 12-month low of $0.55 and a 12-month high of $3.38. The company has a market cap of $17.95 million, a PE ratio of 3.57 and a beta of 1.75.

Institutional Trading of HeartCore Enterprises

Institutional investors have recently bought and sold shares of the stock. CreativeOne Wealth LLC purchased a new stake in shares of HeartCore Enterprises in the fourth quarter valued at $78,000. Citadel Advisors LLC bought a new position in HeartCore Enterprises during the 4th quarter valued at about $83,000. Finally, Renaissance Technologies LLC purchased a new stake in HeartCore Enterprises in the 4th quarter worth about $185,000. 1.71% of the stock is currently owned by institutional investors.

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.