Short Interest in GlucoTrack, Inc. (NASDAQ:GCTK) Grows By 579.9%

GlucoTrack, Inc. (NASDAQ:GCTK) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 257,700 shares, an increase of 579.9% from the October 31st total of 37,900 shares. Based on an average trading volume of 319,100 shares, the days-to-cover ratio is currently 0.8 days. Currently, 8.3% of the shares of the stock are sold short.

GlucoTrack Stock Down 0.8 %

GCTK stock opened at $0.25 on Thursday. GlucoTrack has a 1-year low of $0.22 and a 1-year high of $4.95. The stock has a market cap of $1.43 million, a price-to-earnings ratio of -0.09 and a beta of 0.16. 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 $1.64 and its 200 day moving average is $1.94.

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.