GlucoTrack, Inc. (NASDAQ:GCTK) Short Interest Up 579.9% in November

GlucoTrack, Inc. (NASDAQ:GCTK) was the recipient of a significant growth in short interest in 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. Based on an average trading volume of 319,100 shares, the days-to-cover ratio is presently 0.8 days. Approximately 8.3% of the shares of the stock are short sold.

GlucoTrack Stock Performance

Shares of NASDAQ GCTK traded down $0.00 during midday trading on Wednesday, reaching $0.25. 320,518 shares of the company traded hands, compared to its average volume of 112,624. The stock’s 50-day simple moving average is $1.69 and its 200-day simple moving average is $1.95. 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.

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.