Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 6,589 shares, an increase of 283.5% from the May 14th total of 1,718 shares. Based on an average daily volume of 9,590 shares, the days-to-cover ratio is presently 0.7 days.
Netcapital Stock Performance
NASDAQ:NCPLW remained flat at $0.03 during trading hours on Friday. The business’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.03. Netcapital has a twelve month low of $0.02 and a twelve month high of $0.09.
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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