Netcapital Inc. (NASDAQ:NCPL) Short Interest Up 267.5% in December

Netcapital Inc. (NASDAQ:NCPL) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 639,831 shares, a growth of 267.5% from the November 30th total of 174,086 shares. Based on an average daily trading volume, of 29,277,553 shares, the days-to-cover ratio is presently 0.0 days. Currently, 9.8% of the company’s stock are sold short. Currently, 9.8% of the company’s stock are sold short. Based on an average daily trading volume, of 29,277,553 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Netcapital in a report on Friday, October 31st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Trading of Netcapital

An institutional investor recently bought a new position in Netcapital stock. Jane Street Group LLC bought a new stake in Netcapital Inc. (NASDAQ:NCPL) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,121 shares of the company’s stock, valued at approximately $83,000. Jane Street Group LLC owned about 0.31% of Netcapital as of its most recent SEC filing. 30.69% of the stock is owned by institutional investors and hedge funds.

Netcapital Trading Down 4.6%

Shares of NCPL traded down $0.04 on Thursday, reaching $0.79. 136,677 shares of the company’s stock traded hands, compared to its average volume of 16,476,877. The stock’s 50 day simple moving average is $1.50 and its two-hundred day simple moving average is $2.64. The stock has a market cap of $5.40 million, a PE ratio of -0.05 and a beta of 0.87. Netcapital has a 52-week low of $0.62 and a 52-week high of $8.75.

Netcapital (NASDAQ:NCPL) last announced its quarterly earnings data on Monday, December 15th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.14). Netcapital had a negative net margin of 3,674.94% and a negative return on equity of 39.85%. The business had revenue of $0.05 million during the quarter, compared to the consensus estimate of $1.76 million.

Netcapital Company Profile

Netcapital Inc operates an SEC-registered online capital–raising platform that connects emerging companies with a broad base of individual and institutional investors. Through its web-based portal, Netcapital enables issuers to conduct equity offerings under Regulation CF, Regulation A+ and Regulation D, providing a streamlined process for startups and growth-stage businesses seeking to access private capital markets. The company’s platform incorporates digital subscription, investor accreditation checks and regulatory compliance tools designed to simplify deal execution for both issuers and backers.

For entrepreneurs and small-business owners, Netcapital offers end-to-end support that includes deal structuring, compliance workflow, and marketing assistance.