Talkspace, Inc. (NASDAQ:TALKW) Short Interest Down 87.5% in October

Talkspace, Inc. (NASDAQ:TALKWGet Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 3,600 shares, a decline of 87.5% from the September 30th total of 28,700 shares. Based on an average trading volume of 76,800 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 76,800 shares, the days-to-cover ratio is presently 0.0 days.

Talkspace Stock Down 11.1%

TALKW opened at $0.05 on Tuesday. Talkspace has a 52-week low of $0.04 and a 52-week high of $0.28. The firm’s fifty day simple moving average is $0.07 and its two-hundred day simple moving average is $0.08.

Talkspace (NASDAQ:TALKWGet Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.01). The business had revenue of $106.46 million for the quarter, compared to analyst estimates of $53.38 million.

About Talkspace

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Talkspace, Inc operates as a virtual behavioral healthcare company. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans through both business-to-business and business-to-consumer channels. It provides text, audio, and video-based psychotherapy from licensed therapists.

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