Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Update

Super League Enterprise, Inc. (NASDAQ:SLE) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 99,904 shares, a drop of 27.8% from the January 15th total of 138,423 shares. Approximately 12.0% of the shares of the company are short sold. Based on an average trading volume of 636,263 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 636,263 shares, the days-to-cover ratio is currently 0.2 days. Approximately 12.0% of the shares of the company are short sold.

Super League Enterprise Stock Up 5.4%

Shares of SLE stock traded up $0.22 during trading hours on Friday, hitting $4.33. 16,958 shares of the company’s stock were exchanged, compared to its average volume of 359,219. Super League Enterprise has a fifty-two week low of $4.02 and a fifty-two week high of $278.35. The firm has a market cap of $3.64 million, a P/E ratio of -0.01 and a beta of 1.89. The firm has a 50 day moving average of $7.24 and a two-hundred day moving average of $25.13.

Super League Enterprise (NASDAQ:SLE) last issued its quarterly earnings results on Friday, November 14th. The company reported ($27.60) EPS for the quarter, topping the consensus estimate of ($33.96) by $6.36. The company had revenue of $2.42 million during the quarter, compared to analysts’ expectations of $3.40 million. On average, equities analysts forecast that Super League Enterprise will post -2.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Super League Enterprise

A hedge fund recently raised its stake in Super League Enterprise stock. Bank of America Corp DE lifted its position in Super League Enterprise, Inc. (NASDAQ:SLE) by 365,800.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,977 shares of the company’s stock after acquiring an additional 10,974 shares during the period. Bank of America Corp DE owned 0.80% of Super League Enterprise worth $49,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 2.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SLE has been the topic of a number of analyst reports. Aegis began coverage on shares of Super League Enterprise in a research note on Monday, November 10th. They set a “buy” rating on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Super League Enterprise in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Super League Enterprise currently has an average rating of “Hold”.

About Super League Enterprise

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs. Its proprietary cloud-based platform offers dynamic media technology; metaverse game experience and tournament technology; and fully remote production and livestream broadcast technology.