Netcapital Inc. (NASDAQ:NCPL) Short Interest Update

by · The Markets Daily

Netcapital Inc. (NASDAQ:NCPL – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 111,347 shares, a decline of 82.6% from the December 15th total of 639,831 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 416,690 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 416,690 shares, the days-to-cover ratio is currently 0.3 days. Approximately 1.7% of the shares of the stock are sold short.

Institutional Trading of Netcapital

An institutional investor recently raised its position in Netcapital stock. Geode Capital Management LLC raised its position in Netcapital Inc. (NASDAQ:NCPL – Free Report) by 31.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 15,574 shares of the company’s stock after purchasing an additional 3,704 shares during the period. Geode Capital Management LLC owned 0.40% of Netcapital worth $107,000 as of its most recent filing with the SEC. 30.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on NCPL shares. Wall Street Zen cut Netcapital to a “strong sell” rating in a research note on Saturday, January 3rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Netcapital in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Get Our Latest Analysis on Netcapital

Netcapital Trading Down 4.5%

NASDAQ:NCPL traded down $0.04 during trading hours on Monday, hitting $0.80. 448,945 shares of the company were exchanged, compared to its average volume of 5,358,362. The stock has a market capitalization of $5.49 million, a price-to-earnings ratio of -0.05 and a beta of 0.91. Netcapital has a one year low of $0.61 and a one year high of $8.75. The company has a fifty day simple moving average of $1.13 and a 200 day simple moving average of $2.40.

Netcapital (NASDAQ:NCPL – Get Free Report) last released its quarterly earnings results on Monday, December 15th. The company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.14). The company had revenue of $0.05 million during the quarter, compared to the consensus estimate of $1.76 million. Netcapital had a negative net margin of 3,674.94% and a negative return on equity of 39.85%.

About Netcapital

(Get Free Report)

Netcapital Inc operates an SEC-registered online capital–raising platform that connects emerging companies with a broad base of individual and institutional investors. Through its web-based portal, Netcapital enables issuers to conduct equity offerings under Regulation CF, Regulation A+ and Regulation D, providing a streamlined process for startups and growth-stage businesses seeking to access private capital markets. The company’s platform incorporates digital subscription, investor accreditation checks and regulatory compliance tools designed to simplify deal execution for both issuers and backers.

For entrepreneurs and small-business owners, Netcapital offers end-to-end support that includes deal structuring, compliance workflow, and marketing assistance.

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