Super League Enterprise, Inc. (NASDAQ:SLE) Sees Significant Increase in Short Interest

Super League Enterprise, Inc. (NASDAQ:SLE) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 112,900 shares, a growth of 29.2% from the January 31st total of 87,400 shares. Based on an average trading volume of 117,200 shares, the short-interest ratio is presently 1.0 days. Currently, 1.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright reduced their price objective on Super League Enterprise from $3.00 to $2.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th.

Institutional Trading of Super League Enterprise

A hedge fund recently raised its stake in Super League Enterprise stock. Clarity Capital Partners LLC boosted its stake in shares of Super League Enterprise, Inc. (NASDAQ:SLE) by 220.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,000 shares of the company’s stock after buying an additional 27,500 shares during the quarter. Clarity Capital Partners LLC owned approximately 0.26% of Super League Enterprise worth $25,000 as of its most recent SEC filing. Institutional investors own 2.06% of the company’s stock.

Super League Enterprise Trading Down 9.8 %

SLE traded down $0.04 during trading on Thursday, reaching $0.36. 29,765 shares of the company’s stock were exchanged, compared to its average volume of 198,039. Super League Enterprise has a one year low of $0.31 and a one year high of $2.62. The firm has a fifty day moving average price of $0.57 and a two-hundred day moving average price of $0.75. The stock has a market capitalization of $5.99 million, a PE ratio of -0.06 and a beta of 1.74.

About Super League Enterprise

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.