Netcapital Inc. (NASDAQ:NCPLW) Short Interest Up 283.5% in May

Netcapital Inc. (NASDAQ:NCPLW) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 6,589 shares, a growth of 283.5% from the May 14th total of 1,718 shares. Based on an average trading volume of 9,590 shares, the days-to-cover ratio is presently 0.7 days.

Netcapital Trading Down 6.7%

NCPLW stock traded down $0.00 on Thursday, reaching $0.03. 1,970 shares of the company were exchanged, compared to its average volume of 5,963. Netcapital has a 12 month low of $0.02 and a 12 month high of $0.09. The stock’s fifty day moving average price is $0.03 and its 200 day moving average price is $0.03.

Netcapital Company Profile

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.