Old Market Capital Corporation (NASDAQ:OMCC) Short Interest Down 43.3% in December

Old Market Capital Corporation (NASDAQ:OMCC) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 58,155 shares, a decrease of 43.3% from the December 15th total of 102,612 shares. Approximately 1.7% of the shares of the company are short sold. Based on an average trading volume of 19,384 shares, the short-interest ratio is currently 3.0 days. Based on an average trading volume of 19,384 shares, the short-interest ratio is currently 3.0 days. Approximately 1.7% of the shares of the company are short sold.

Old Market Capital Price Performance

Shares of Old Market Capital stock remained flat at $3.15 during trading on Thursday. The stock had a trading volume of 23,481 shares, compared to its average volume of 73,747. The company has a market capitalization of $21.39 million, a PE ratio of -9.84 and a beta of 1.00. Old Market Capital has a 12-month low of $2.72 and a 12-month high of $6.95. The business has a 50 day simple moving average of $4.80 and a two-hundred day simple moving average of $5.35. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.31 and a current ratio of 4.55.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Old Market Capital in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Old Market Capital has an average rating of “Sell”.

Old Market Capital Company Profile

Old Market Capital Corporation provides broadband internet, voice over internet protocol, and video services in Northwest and Northcentral Ohio. The company was formerly known as Nicholas Financial, Inc and changed its name to Old Market Capital Corporation in September 2024. Old Market Capital Corporation was founded in 1985 and is headquartered in Clearwater, Florida.