Short Interest in Snail, Inc. (NASDAQ:SNAL) Increases By 27.3%

Snail, Inc. (NASDAQ:SNAL) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 41,000 shares, a growth of 27.3% from the March 31st total of 32,200 shares. Based on an average daily trading volume, of 41,800 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.5% of the shares of the company are sold short.

Snail Price Performance

Shares of SNAL traded down $0.01 during mid-day trading on Monday, hitting $1.06. The stock had a trading volume of 5,164 shares, compared to its average volume of 34,729. Snail has a 52 week low of $0.79 and a 52 week high of $2.32. The business has a fifty day moving average price of $1.04 and a 200-day moving average price of $1.13. The firm has a market cap of $38.97 million, a P/E ratio of -4.42 and a beta of 2.07.

Snail (NASDAQ:SNAL) last announced its quarterly earnings data on Monday, April 1st. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.20). The firm had revenue of $28.57 million during the quarter, compared to the consensus estimate of $31.60 million. Snail had a negative net margin of 5.84% and a negative return on equity of 104.80%. As a group, research analysts expect that Snail will post 0.19 earnings per share for the current fiscal year.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.