Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,866 shares, a decline of 86.3% from the September 30th total of 13,580 shares. Based on an average daily volume of 9,848 shares, the short-interest ratio is currently 0.2 days.
Netcapital Price Performance
NASDAQ:NCPLW traded down $0.00 during mid-day trading on Tuesday, hitting $0.04. 12,015 shares of the company’s stock traded hands, compared to its average volume of 8,945. The firm has a 50 day moving average of $0.03 and a two-hundred day moving average of $0.03. Netcapital has a 12 month low of $0.01 and a 12 month high of $0.09.
Netcapital Company Profile
Netcapital Inc is a financial technology company that operates an online investment platform designed to connect early-stage and growth companies with investors. Through its platform, eligible private companies can present their businesses, products and fundraising opportunities to potential investors, while investors can review participating companies and consider investment opportunities subject to applicable securities laws.
The company’s activities include equity crowdfunding and related capital-raising services.
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