Healthcare Triangle, Inc. (NASDAQ:HCTI) Short Interest Update

Healthcare Triangle, Inc. (NASDAQ:HCTI) was the recipient of a significant increase in short interest in 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. Currently, 14.1% of the shares of the stock are sold short. Based on an average daily volume of 3,180,000 shares, the days-to-cover ratio is currently 0.2 days.

Healthcare Triangle Price Performance

NASDAQ HCTI traded up $0.09 during trading on Wednesday, reaching $0.41. The company’s stock had a trading volume of 30,817,784 shares, compared to its average volume of 4,995,883. The stock has a market capitalization of $3.43 million, a PE ratio of -0.19 and a beta of 0.07. The firm has a fifty day moving average of $0.71 and a 200 day moving average of $0.74. Healthcare Triangle has a one year low of $0.29 and a one year high of $2.27.

About Healthcare Triangle

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.