Healthcare Triangle, Inc. (NASDAQ:HCTI) Short Interest Down 74.1% in November

Healthcare Triangle, Inc. (NASDAQ:HCTI) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 164,200 shares, a decrease of 74.1% from the October 31st total of 632,800 shares. Currently, 5.4% of the shares of the company are short sold. Based on an average trading volume of 3,080,000 shares, the short-interest ratio is currently 0.1 days.

Healthcare Triangle Price Performance

Healthcare Triangle stock traded down $0.15 during mid-day trading on Wednesday, hitting $0.68. 105,369 shares of the company’s stock traded hands, compared to its average volume of 1,059,862. The firm has a 50 day simple moving average of $0.79 and a two-hundred day simple moving average of $0.67. Healthcare Triangle has a fifty-two week low of $0.29 and a fifty-two week high of $4.24. The stock has a market cap of $3.86 million, a price-to-earnings ratio of -0.31 and a beta of 0.48.

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.