Locafy Limited (NASDAQ:LCFY) Short Interest Update

Locafy Limited (NASDAQ:LCFY) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 9,204 shares, a drop of 47.8% from the June 15th total of 17,621 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,967 shares, the short-interest ratio is currently 0.6 days.

Locafy Price Performance

Shares of LCFY traded down $0.06 on Wednesday, hitting $2.96. The company’s stock had a trading volume of 5,060 shares, compared to its average volume of 346,484. The company has a market capitalization of $5.32 million, a PE ratio of -3.32 and a beta of 1.64. Locafy has a fifty-two week low of $2.50 and a fifty-two week high of $7.75. The company has a 50 day moving average price of $3.72 and a 200 day moving average price of $3.87.

Locafy (NASDAQ:LCFY) last released its quarterly earnings results on Wednesday, July 1st. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $0.84 million during the quarter.

Locafy Company Profile

Locafy (NASDAQ:LCFY) is a technology company that offers a cloud-based software platform designed to streamline and automate local search marketing for multi-location businesses. Through its SaaS solution, Locafy enables brands to create, manage and optimize location-specific web pages and digital assets at scale, ensuring consistent and accurate information across search engines and online directories.

The Locafy platform leverages machine learning and automation to generate on-page SEO content, manage business listings and track local search performance.