Locafy Limited (NASDAQ:LCFY) Stock Short Interest Report for October

Locafy Limited (NASDAQ:LCFY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 2,807 shares, a growth of 252.6% from the September 30th total of 796 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 328,671 shares, the days-to-cover ratio is currently 0.0 days.

Locafy Stock Performance

NASDAQ LCFY traded up $0.06 during trading hours on Wednesday, reaching $1.20. The stock had a trading volume of 41,535 shares, compared to its average volume of 247,175. The stock has a fifty day moving average of $2.08 and a 200 day moving average of $3.31. The stock has a market cap of $2.68 million, a P/E ratio of -1.34 and a beta of 1.69. Locafy has a 52-week low of $1.10 and a 52-week high of $6.20.

Locafy Company Profile

Locafy Limited is a technology company that develops software and services for local search engine optimization and digital marketing. Its platform is designed to help businesses improve their visibility in online search results, particularly for location-based queries.

The company’s products support the creation, management and optimization of digital location pages and other online content intended to connect businesses with customers in specific geographic markets. Locafy serves businesses and marketing organizations seeking to strengthen local online presence, generate leads and manage search-related content at scale.

Locafy is headquartered in Australia and has marketed its technology to customers in multiple English-speaking markets, including Australia, New Zealand, the United States and the United Kingdom.