Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,718 shares, a growth of 393.7% from the April 30th total of 348 shares. Based on an average daily volume of 2,472 shares, the days-to-cover ratio is presently 0.7 days.
Netcapital Trading Down 5.3%
NCPLW traded down $0.00 on Friday, hitting $0.03. The company had a trading volume of 6,262 shares, compared to its average volume of 6,001. Netcapital has a 12-month low of $0.02 and a 12-month high of $0.09. The business’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $0.03.
About Netcapital
Netcapital (NASDAQ: NCPLW) operates a FINRA-registered online platform that enables startups, small businesses and emerging companies to raise capital through equity crowdfunding and private placement offerings. The company facilitates primary offerings under Regulation Crowdfunding, Regulation D and Regulation A+ exemptions, giving both accredited and non-accredited investors streamlined access to early-stage investment opportunities. By integrating deal structuring, subscription management and payment processing within a single interface, Netcapital simplifies the capital-raising process for issuers and investors.
At the core of Netcapital’s service is a web-based marketplace that supports end-to-end campaign management.
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