GlucoTrack, Inc. (NASDAQ:GCTK) Short Interest Up 359.9% in December

GlucoTrack, Inc. (NASDAQ:GCTK) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 394,100 shares, an increase of 359.9% from the November 30th total of 85,700 shares. Based on an average daily volume of 474,700 shares, the short-interest ratio is presently 0.8 days. Approximately 4.4% of the shares of the company are short sold.

GlucoTrack Stock Performance

Shares of NASDAQ:GCTK traded up $0.01 on Thursday, hitting $0.26. 179,881 shares of the company were exchanged, compared to its average volume of 145,098. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average price is $0.78 and its 200 day moving average price is $1.64. GlucoTrack has a 1-year low of $0.20 and a 1-year high of $4.95. The firm has a market capitalization of $4.24 million, a P/E ratio of -0.09 and a beta of -0.17.

About GlucoTrack

GlucoTrack, Inc, a medical device company, focused on the design, development, and commercialization of novel technologies for people with diabetes in the United States. It develops GlucoTrack, a noninvasive glucose monitoring device that helps people with diabetes and pre-diabetics to obtain blood glucose level readings without the pain.