Lendway, Inc. (NASDAQ:LDWY) Short Interest Up 36.5% in April

Lendway, Inc. (NASDAQ:LDWY) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 20,200 shares, an increase of 36.5% from the March 31st total of 14,800 shares. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,100 shares, the days-to-cover ratio is currently 1.8 days.

Lendway Price Performance

Shares of NASDAQ LDWY opened at $6.28 on Tuesday. The stock has a market capitalization of $10.93 million, a P/E ratio of 4.72 and a beta of 1.95. Lendway has a one year low of $4.05 and a one year high of $9.36. The firm’s 50 day simple moving average is $5.83 and its two-hundred day simple moving average is $5.15.

Lendway (NASDAQ:LDWY) last released its earnings results on Monday, April 1st. The company reported ($0.21) EPS for the quarter.

About Lendway

Lendway, Inc provides in-store advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages in the United States. It offers in-store signage solutions, which provides point-of-purchase services, brand equity signs, tear pads, and display marketing solutions; display solutions, such as a range of fully customized temporary, semi-permanent, and permanent displays; merchandising solutions; and on-pack solutions, which include BoxTalk, coupons, recipes, and cross-promotions.