Short Interest in Talkspace, Inc. (NASDAQ:TALKW) Grows By 141.7%

Talkspace, Inc. (NASDAQ:TALKW) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 2,900 shares, a growth of 141.7% from the August 15th total of 1,200 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is presently 0.2 days.

Talkspace Price Performance

Shares of Talkspace stock remained flat at $0.05 on Friday. 732 shares of the company traded hands, compared to its average volume of 17,185. Talkspace has a 1-year low of $0.03 and a 1-year high of $0.29. The business has a 50-day moving average of $0.07 and a two-hundred day moving average of $0.14.

About Talkspace

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.