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

HeartCore Enterprises, Inc. (NASDAQ:HTCR) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 101,400 shares, a growth of 240.3% from the October 15th total of 29,800 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 170,200 shares, the days-to-cover ratio is currently 0.6 days.

HeartCore Enterprises Stock Up 5.9 %

NASDAQ HTCR opened at $1.25 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.39. The company has a market cap of $26.07 million, a price-to-earnings ratio of -3.12 and a beta of 1.47. The company has a 50 day moving average of $0.90 and a 200-day moving average of $0.79. HeartCore Enterprises has a 1-year low of $0.45 and a 1-year high of $1.55.

HeartCore Enterprises (NASDAQ:HTCR) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $4.07 million during the quarter, compared to analyst estimates of $5.90 million. HeartCore Enterprises had a negative net margin of 49.30% and a negative return on equity of 104.23%. On average, equities research analysts expect that HeartCore Enterprises will post 0.25 earnings per share for the current fiscal year.

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.