Netcapital Inc. (NASDAQ:NCPL) Short Interest Update

Netcapital Inc. (NASDAQ:NCPLGet Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 111,347 shares, a decline of 82.6% from the December 15th total of 639,831 shares. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 416,690 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 416,690 shares, the short-interest ratio is presently 0.3 days. Approximately 1.7% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Several research firms have commented on NCPL. Weiss Ratings restated a “sell (e+)” rating on shares of Netcapital in a research note on Friday, October 31st. Wall Street Zen cut Netcapital to a “strong sell” rating in a research note on Saturday, January 3rd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Read Our Latest Analysis on NCPL

Institutional Trading of Netcapital

A hedge fund recently bought a new stake in Netcapital stock. Jane Street Group LLC acquired a new position in shares of Netcapital Inc. (NASDAQ:NCPLFree Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 12,121 shares of the company’s stock, valued at approximately $83,000. Jane Street Group LLC owned 0.31% of Netcapital at the end of the most recent quarter. Institutional investors own 30.69% of the company’s stock.

Netcapital Stock Up 0.9%

Shares of NASDAQ NCPL traded up $0.01 during trading hours on Wednesday, reaching $0.76. The stock had a trading volume of 163,167 shares, compared to its average volume of 2,084,100. The firm has a 50-day moving average of $1.06 and a 200-day moving average of $2.33. Netcapital has a fifty-two week low of $0.61 and a fifty-two week high of $8.75.

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

About Netcapital

(Get Free Report)

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.

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