Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 579 shares, a growth of 133.5% from the July 15th total of 248 shares. Based on an average daily volume of 1,306 shares, the days-to-cover ratio is presently 0.4 days.
Netcapital Trading Down 14.1%
NASDAQ NCPLW traded down $0.00 during trading hours on Friday, hitting $0.02. 1,005 shares of the company’s stock were exchanged, compared to its average volume of 6,029. The stock has a 50-day simple moving average of $0.02 and a 200 day simple moving average of $0.03. Netcapital has a 1-year low of $0.01 and a 1-year high of $0.08.
About Netcapital
Netcapital (NASDAQ: NCPLW) operates a FINRA-registered online platform that enables startups, small businesses and emerging companies to raise capital through equity crowdfunding and private placement offerings. The company facilitates primary offerings under Regulation Crowdfunding, Regulation D and Regulation A+ exemptions, giving both accredited and non-accredited investors streamlined access to early-stage investment opportunities. By integrating deal structuring, subscription management and payment processing within a single interface, Netcapital simplifies the capital-raising process for issuers and investors.
At the core of Netcapital’s service is a web-based marketplace that supports end-to-end campaign management.
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