Netcapital Inc. (NASDAQ:NCPL) Short Interest Down 43.5% in February

Netcapital Inc. (NASDAQ:NCPL) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 154,271 shares, a drop of 43.5% from the February 12th total of 273,113 shares. Currently, 2.1% of the company’s shares are short sold. Based on an average daily volume of 68,129 shares, the days-to-cover ratio is presently 2.3 days. Based on an average daily volume of 68,129 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.1% of the company’s shares 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 position in shares of Netcapital Inc. (NASDAQ:NCPL) during the second quarter, according to 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 approximately 0.31% of Netcapital at the end of the most recent quarter. 30.69% of the stock is currently owned by institutional investors.

Netcapital Trading Up 2.7%

NASDAQ:NCPL traded up $0.01 during mid-day trading on Thursday, hitting $0.48. The company had a trading volume of 32,332 shares, compared to its average volume of 953,126. The business has a fifty day simple moving average of $0.62 and a 200-day simple moving average of $1.37. The firm has a market capitalization of $3.79 million, a price-to-earnings ratio of -0.03 and a beta of 0.97. Netcapital has a 1 year low of $0.37 and a 1 year high of $8.75.

Netcapital (NASDAQ:NCPL) last issued its earnings results on Monday, December 15th. The company reported ($0.44) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.14). Netcapital had a negative return on equity of 39.85% and a negative net margin of 3,674.94%.The company had revenue of $0.05 million during the quarter, compared to analysts’ expectations of $1.76 million.

Wall Street Analyst Weigh In

NCPL has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Netcapital in a report on Wednesday, January 28th. Wall Street Zen cut shares of Netcapital to a “strong sell” rating in a research report on Saturday, January 3rd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus 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.