Netcapital Inc. (NASDAQ:NCPL – Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 268,732 shares, an increase of 299.4% from the July 30th total of 67,279 shares. Currently, 3.6% of the shares of the company are short sold. Based on an average daily volume of 1,808,597 shares, the short-interest ratio is presently 0.1 days.
Institutional Trading of Netcapital
A hedge fund recently bought a new position in Netcapital stock. Jane Street Group LLC bought a new position in shares of Netcapital Inc. (NASDAQ:NCPL – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,121 shares of the company’s stock, valued at approximately $83,000. Jane Street Group LLC owned about 0.31% of Netcapital as of its most recent SEC filing. Institutional investors own 30.69% of the company’s stock.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded Netcapital from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has an average rating of “Sell”.
Netcapital Price Performance
Shares of Netcapital stock opened at $0.69 on Friday. The firm has a market capitalization of $5.43 million, a P/E ratio of -0.04 and a beta of 2.38. Netcapital has a fifty-two week low of $0.21 and a fifty-two week high of $2.75. The company’s 50 day moving average price is $0.44 and its two-hundred day moving average price is $0.52.
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.
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