Fluent, Inc. (NASDAQ:FLNT) Sees Significant Growth in Short Interest

Fluent, Inc. (NASDAQ:FLNT) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 26,300 shares, an increase of 5.6% from the December 15th total of 24,900 shares. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.3% of the shares of the stock are sold short.

Fluent Trading Down 1.3 %

Shares of Fluent stock opened at $2.86 on Tuesday. Fluent has a 1-year low of $2.31 and a 1-year high of $4.30. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $48.29 million, a P/E ratio of -1.59 and a beta of 2.23. The stock’s 50 day simple moving average is $2.78 and its 200-day simple moving average is $2.97.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Fluent in a research report on Saturday. They issued a “hold” rating for the company.

Fluent Company Profile

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.