HeartCore Enterprises, Inc. (NASDAQ:HTCR) Sees Large Decrease in Short Interest

HeartCore Enterprises, Inc. (NASDAQ:HTCR) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totalling 44,100 shares, a decrease of 17.3% from the July 15th total of 53,300 shares. Based on an average daily volume of 18,800 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the company’s stock are sold short.

HeartCore Enterprises Stock Up 2.4 %

HeartCore Enterprises stock opened at $0.69 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.25. HeartCore Enterprises has a 1-year low of $0.36 and a 1-year high of $1.26. The firm’s fifty day simple moving average is $0.70 and its 200-day simple moving average is $0.77. The company has a market capitalization of $14.39 million, a P/E ratio of -1.97 and a beta of 1.51.

HeartCore Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 26th. Shareholders of record on Monday, August 19th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 11.60%. The ex-dividend date is Monday, August 19th. HeartCore Enterprises’s payout ratio is -22.86%.

HeartCore Enterprises Company Profile

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.