Heart Test Laboratories, Inc. (NASDAQ:HSCS) Sees Large Increase in Short Interest

Heart Test Laboratories, Inc. (NASDAQ:HSCS) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totalling 74,700 shares, a growth of 90.6% from the June 30th total of 39,200 shares. Based on an average daily trading volume, of 83,100 shares, the days-to-cover ratio is presently 0.9 days. Currently, 13.6% of the company’s stock are sold short.

Heart Test Laboratories Stock Performance

Shares of HSCS stock traded up $0.83 during mid-day trading on Friday, reaching $4.58. 298,226 shares of the company were exchanged, compared to its average volume of 121,431. The business’s 50 day simple moving average is $5.05 and its 200 day simple moving average is $9.29. Heart Test Laboratories has a fifty-two week low of $3.40 and a fifty-two week high of $98.00. The company has a market capitalization of $3.02 million, a P/E ratio of -0.10 and a beta of 3.12.

Heart Test Laboratories Company Profile

Heart Test Laboratories, Inc, a medical technology company, provides cardiovascular diagnostic devices. The company offers MyoVista wavECG, a resting 12-lead electrocardiograph (ECG) to provide diagnostic information related to cardiac dysfunction, as well as conventional ECG information. It serves clinics, doctor's offices, urgent care centers, and hospitals.