Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Up 185.1% in January

Super League Enterprise, Inc. (NASDAQ:SLE) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 138,423 shares, an increase of 185.1% from the December 31st total of 48,554 shares. Currently, 16.6% of the company’s stock are short sold. Based on an average trading volume of 299,083 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 299,083 shares, the short-interest ratio is presently 0.5 days. Currently, 16.6% of the company’s stock are short sold.

Super League Enterprise Stock Performance

Shares of NASDAQ:SLE traded down $0.77 during trading on Friday, hitting $5.43. The company’s stock had a trading volume of 32,163 shares, compared to its average volume of 355,173. Super League Enterprise has a fifty-two week low of $4.66 and a fifty-two week high of $292.80. The stock’s 50-day moving average price is $8.51 and its two-hundred day moving average price is $29.75. The company has a market capitalization of $4.56 million, a PE ratio of -0.01 and a beta of 1.85.

Super League Enterprise (NASDAQ:SLE) last announced its quarterly earnings results on Friday, November 14th. The company reported ($27.60) earnings per share (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 the consensus estimate of $3.40 million. On average, equities analysts predict that Super League Enterprise will post -2.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Super League Enterprise stock. Bank of America Corp DE lifted its stake in Super League Enterprise, Inc. (NASDAQ:SLE) by 365,800.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,977 shares of the company’s stock after buying an additional 10,974 shares during the period. Bank of America Corp DE owned about 0.80% of Super League Enterprise worth $49,000 at the end of the most recent reporting period. 2.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SLE. Aegis began coverage on shares of Super League Enterprise in a report on Monday, November 10th. They set a “buy” rating on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Super League Enterprise in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Super League Enterprise Company Profile

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.