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

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

GlucoTrack Price Performance

Shares of GlucoTrack stock traded down $0.01 during trading on Friday, reaching $0.24. The company’s stock had a trading volume of 154,087 shares, compared to its average volume of 112,859. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.52. GlucoTrack has a 12-month low of $0.22 and a 12-month high of $4.95. The company has a market capitalization of $1.40 million, a P/E ratio of -0.09 and a beta of 0.16. The business has a 50 day moving average price of $1.59 and a 200-day moving average price of $1.92.

About GlucoTrack

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.