Netcapital Inc. (NASDAQ:NCPL) Short Interest Update

Netcapital Inc. (NASDAQ:NCPL) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 87,603 shares, a decrease of 43.2% from the February 26th total of 154,271 shares. Based on an average daily volume of 201,226 shares, the short-interest ratio is currently 0.4 days. Approximately 1.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Netcapital stock. Geode Capital Management LLC increased its stake in Netcapital Inc. (NASDAQ:NCPL) by 31.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,574 shares of the company’s stock after purchasing an additional 3,704 shares during the period. Geode Capital Management LLC owned approximately 0.40% of Netcapital worth $107,000 as of its most recent SEC filing. Institutional investors and hedge funds own 30.69% of the company’s stock.

Netcapital Trading Down 8.7%

Shares of Netcapital stock traded down $0.03 during trading on Friday, hitting $0.35. The stock had a trading volume of 90,274 shares, compared to its average volume of 830,732. Netcapital has a 12 month low of $0.34 and a 12 month high of $8.75. The firm has a market cap of $2.75 million, a price-to-earnings ratio of -0.02 and a beta of 0.97. The business’s 50-day moving average is $0.57 and its 200 day moving average is $1.26.

Netcapital (NASDAQ:NCPL) last posted its quarterly earnings data on Thursday, March 19th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.04). Netcapital had a negative net margin of 3,806.77% and a negative return on equity of 40.53%. The business had revenue of $0.51 million for the quarter, compared to the consensus estimate of $1.87 million.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NCPL shares. Wall Street Zen lowered Netcapital to a “strong sell” rating in a report on Saturday, January 3rd. Weiss Ratings restated a “sell (e+)” rating on shares of Netcapital in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

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.