Netcapital Inc. (NASDAQ:NCPL) Sees Significant Increase in Short Interest

Netcapital Inc. (NASDAQ:NCPL) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 465,820 shares, an increase of 318.3% from the December 31st total of 111,347 shares. Currently, 7.1% of the company’s stock are short sold. Based on an average daily trading volume, of 3,748,641 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 3,748,641 shares, the short-interest ratio is currently 0.1 days. Currently, 7.1% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

NCPL has been the subject of a number of analyst reports. Wall Street Zen downgraded Netcapital to a “strong sell” rating in a report on Saturday, January 3rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Netcapital in a research report on Friday, October 31st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Netcapital stock. Jane Street Group LLC acquired a new stake in shares of Netcapital Inc. (NASDAQ:NCPL) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. 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 reporting period. 30.69% of the stock is owned by institutional investors.

Netcapital Trading Down 5.0%

NASDAQ NCPL traded down $0.04 on Thursday, hitting $0.74. 173,949 shares of the stock traded hands, compared to its average volume of 2,073,103. The stock has a 50-day moving average of $0.85 and a 200 day moving average of $1.86. Netcapital has a twelve month low of $0.61 and a twelve month high of $8.75. The company has a market capitalization of $5.08 million, a P/E ratio of -0.04 and a beta of 0.91.

Netcapital (NASDAQ:NCPL) last issued its quarterly earnings results on Monday, December 15th. The company reported ($0.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.14). Netcapital had a negative net margin of 3,674.94% and a negative return on equity of 39.85%. The firm had revenue of $0.05 million during the quarter, compared to the consensus estimate of $1.76 million.

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.