Talkspace, Inc. (NASDAQ:TALKW – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 86,484 shares, a growth of 998.5% from the May 14th total of 7,873 shares. Based on an average daily trading volume, of 209,481 shares, the days-to-cover ratio is presently 0.4 days.
Talkspace Trading Down 26.4%
Shares of Talkspace stock opened at $0.00 on Wednesday. Talkspace has a 1-year low of $0.00 and a 1-year high of $0.11.
About Talkspace
Talkspace (NASDAQ: TALKW) operates a digital mental health platform that connects individuals, couples and adolescents with licensed therapists and psychiatrists through text, audio and video-based sessions. The company’s service offerings include live video therapy, real-time messaging, psychiatric medication management and specialized programs for issues such as anxiety, depression and relationship challenges. By delivering therapy directly through its mobile and web applications, Talkspace aims to improve access to care and enhance patient convenience compared with traditional in-person counseling.
In addition to its core therapy services, Talkspace partners with employers, health plans and educational institutions to offer mental health benefits at scale.
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