Short Interest in Healthcare Triangle, Inc. (NASDAQ:HCTI) Increases By 1,441.7%

Healthcare Triangle, Inc. (NASDAQ:HCTI) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 536,500 shares, an increase of 1,441.7% from the February 13th total of 34,800 shares. Based on an average daily trading volume, of 3,180,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 14.1% of the shares of the company are sold short.

Healthcare Triangle Trading Up 28.9 %

Shares of HCTI stock opened at $0.42 on Thursday. Healthcare Triangle has a 12 month low of $0.29 and a 12 month high of $2.27. The stock has a market cap of $3.48 million, a P/E ratio of -0.19 and a beta of 0.07. The company has a 50 day simple moving average of $0.70 and a two-hundred day simple moving average of $0.74.

Healthcare Triangle Company Profile

Healthcare Triangle, Inc, a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services for the electronic health record, and healthcare and life sciences industry. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver personalized healthcare, precision medicine, advances in drug discovery, development and efficacy, collaborative research and development, respond to evidence, and accelerate their digital transformation.