Short Interest in GlucoTrack, Inc. (NASDAQ:GCTK) Expands By 359.9%

GlucoTrack, Inc. (NASDAQ:GCTK) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 394,100 shares, a growth of 359.9% from the November 30th total of 85,700 shares. Based on an average trading volume of 474,700 shares, the short-interest ratio is currently 0.8 days. Currently, 4.4% of the company’s shares are sold short.

GlucoTrack Stock Up 2.3 %

Shares of GCTK traded up $0.01 during midday trading on Thursday, reaching $0.26. 179,881 shares of the stock 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 company’s 50 day moving average is $0.78 and its two-hundred day moving average is $1.64. The company has a market capitalization of $4.24 million, a P/E ratio of -0.09 and a beta of -0.17. GlucoTrack has a 52 week low of $0.20 and a 52 week high of $4.95.

GlucoTrack Company Profile

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.