Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Update

Super League Enterprise, Inc. (NASDAQ:SLE) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 99,904 shares, a drop of 27.8% from the January 15th total of 138,423 shares. Currently, 12.0% of the shares of the company are sold short. Based on an average trading volume of 636,263 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 636,263 shares, the short-interest ratio is currently 0.2 days. Currently, 12.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SLE. Weiss Ratings reissued a “sell (e+)” rating on shares of Super League Enterprise in a report on Thursday, January 22nd. Aegis assumed coverage on Super League Enterprise in a research report on Monday, November 10th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Super League Enterprise has an average rating of “Hold”.

Super League Enterprise Stock Up 5.4%

Shares of SLE opened at $4.33 on Friday. The company has a market capitalization of $3.63 million, a price-to-earnings ratio of -0.01 and a beta of 1.89. Super League Enterprise has a 52 week low of $4.02 and a 52 week high of $278.35. The stock’s 50-day moving average price is $7.24 and its 200-day moving average price is $25.35.

Super League Enterprise (NASDAQ:SLE) last announced its quarterly earnings results on Friday, November 14th. The company reported ($27.60) earnings per share for the quarter, beating the consensus estimate of ($33.96) by $6.36. The company had revenue of $2.42 million for the quarter, compared to analysts’ expectations of $3.40 million. As a group, equities analysts anticipate that Super League Enterprise will post -2.16 EPS for the current fiscal year.

Institutional Trading of Super League Enterprise

An institutional investor recently raised its position in Super League Enterprise stock. Bank of America Corp DE increased its position in shares of Super League Enterprise, Inc. (NASDAQ:SLE) by 365,800.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,977 shares of the company’s stock after purchasing an additional 10,974 shares during the quarter. Bank of America Corp DE owned approximately 0.80% of Super League Enterprise worth $49,000 as of its most recent filing with the SEC. 2.06% of the stock is owned by institutional investors and hedge funds.

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.