Netcapital Inc. (NASDAQ:NCPL) Short Interest Up 19.7% in February

Netcapital Inc. (NASDAQ:NCPL) was the recipient of a significant growth in short interest in 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. Currently, 7.2% of the shares of the stock are short sold. Based on an average trading volume of 294,000 shares, the days-to-cover ratio is presently 0.4 days.

Netcapital Trading Down 5.9 %

Shares of NCPL traded down $0.12 during mid-day trading on Friday, reaching $1.90. The company’s stock had a trading volume of 94,732 shares, compared to its average volume of 223,859. Netcapital has a 52 week low of $1.41 and a 52 week high of $22.85. The stock has a market cap of $3.50 million, a PE ratio of -0.06 and a beta of -0.48. The company’s fifty day moving average price is $2.08 and its two-hundred day moving average price is $2.05.

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

Netcapital Company Profile

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.