Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 348 shares, a drop of 69.7% from the April 15th total of 1,148 shares. Based on an average daily volume of 2,952 shares, the days-to-cover ratio is currently 0.1 days.
Netcapital Trading Up 3.5%
Shares of NCPLW stock traded up $0.00 during midday trading on Thursday, hitting $0.03. The company had a trading volume of 1,896 shares, compared to its average volume of 5,457. The company’s 50 day simple moving average is $0.02 and its 200 day simple moving average is $0.03. Netcapital has a 52-week low of $0.02 and a 52-week high of $0.09.
About Netcapital
Netcapital (NASDAQ: NCPLW) operates a FINRA-registered online platform that enables startups, small businesses and emerging companies to raise capital through equity crowdfunding and private placement offerings. The company facilitates primary offerings under Regulation Crowdfunding, Regulation D and Regulation A+ exemptions, giving both accredited and non-accredited investors streamlined access to early-stage investment opportunities. By integrating deal structuring, subscription management and payment processing within a single interface, Netcapital simplifies the capital-raising process for issuers and investors.
At the core of Netcapital’s service is a web-based marketplace that supports end-to-end campaign management.
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