Netcapital Inc. (NASDAQ:NCPL) Short Interest Update

Netcapital Inc. (NASDAQ:NCPL) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 130,600 shares, a growth of 19.7% from the January 31st total of 109,100 shares. Based on an average daily trading volume, of 294,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 7.2% of the shares of the stock are sold short.

Netcapital Stock Down 1.5 %

NASDAQ:NCPL traded down $0.03 during mid-day trading on Thursday, reaching $2.04. 142,591 shares of the company were exchanged, compared to its average volume of 223,465. The stock has a market cap of $3.75 million, a PE ratio of -0.06 and a beta of -0.48. Netcapital has a 12 month low of $1.41 and a 12 month high of $22.85. The company has a fifty day moving average of $2.08 and a 200 day moving average of $2.05.

Netcapital (NASDAQ:NCPL) last released its quarterly earnings results on Monday, December 16th. The company reported ($2.34) EPS for the quarter, missing the consensus estimate of ($1.40) by ($0.94). Netcapital had a negative net margin of 562.71% and a negative return on equity of 25.03%.

About Netcapital

Netcapital Inc operates as a fintech company. It offers Netcapital.com, an SEC-registered funding portal that enables private companies to raise capital online, as well as allows investors to invest from anywhere in the world. The company also provides various services, including automated onboarding process and filing of required regulatory documents; compliance review; custom-built offering page on its portal website; third party transfer agent and custodial services; and rolling closes which provides access to liquidity before final close date of offerings, as well as assistance with annual fillings and direct access to team for ongoing support.