Netcapital Inc. (NASDAQ:NCPL) Short Interest Update

Netcapital Inc. (NASDAQ:NCPL) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 87,603 shares, a drop of 43.2% from the February 26th total of 154,271 shares. Based on an average daily trading volume, of 201,226 shares, the short-interest ratio is presently 0.4 days. Currently, 1.2% of the company’s stock are short sold.

Institutional Trading of Netcapital

An institutional investor recently bought a new position in Netcapital stock. Jane Street Group LLC bought a new stake in Netcapital Inc. (NASDAQ:NCPL) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,121 shares of the company’s stock, valued at approximately $83,000. Jane Street Group LLC owned 0.31% of Netcapital as of its most recent SEC filing. 30.69% of the stock is currently owned by hedge funds and other institutional investors.

Netcapital Price Performance

NCPL stock traded down $0.03 on Friday, reaching $0.35. 90,276 shares of the company were exchanged, compared to its average volume of 262,736. The firm has a market capitalization of $2.75 million, a PE ratio of -0.02 and a beta of 0.97. Netcapital has a 12 month low of $0.34 and a 12 month high of $8.75. The stock’s fifty day moving average price is $0.56 and its 200 day moving average price is $1.23.

Netcapital (NASDAQ:NCPL) last posted its quarterly earnings results on Thursday, March 19th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.04). Netcapital had a negative return on equity of 40.53% and a negative net margin of 3,806.77%.The company had revenue of $0.51 million during the quarter, compared to analyst estimates of $1.87 million.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NCPL. Wall Street Zen downgraded Netcapital to a “strong sell” rating in a report on Saturday, January 3rd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Netcapital in a report on Wednesday, January 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Netcapital Company Profile

Netcapital Inc operates an SEC-registered online capital–raising platform that connects emerging companies with a broad base of individual and institutional investors. Through its web-based portal, Netcapital enables issuers to conduct equity offerings under Regulation CF, Regulation A+ and Regulation D, providing a streamlined process for startups and growth-stage businesses seeking to access private capital markets. The company’s platform incorporates digital subscription, investor accreditation checks and regulatory compliance tools designed to simplify deal execution for both issuers and backers.

For entrepreneurs and small-business owners, Netcapital offers end-to-end support that includes deal structuring, compliance workflow, and marketing assistance.