Professional Diversity Network, Inc. (NASDAQ:IPDN – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 27,541 shares, a decrease of 46.3% from the September 15th total of 51,243 shares. Approximately 4.2% of the company’s stock are sold short. Based on an average trading volume of 4,050,214 shares, the short-interest ratio is currently 0.0 days.
Professional Diversity Network Stock Down 3.3%
IPDN traded down $0.09 during trading on Friday, reaching $2.66. 52,928 shares of the company’s stock were exchanged, compared to its average volume of 697,868. The company has a market capitalization of $1.77 million, a P/E ratio of -0.05 and a beta of 1.59. The business has a 50 day moving average price of $4.66 and a 200 day moving average price of $14.89. Professional Diversity Network has a fifty-two week low of $2.65 and a fifty-two week high of $125.70.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Professional Diversity Network in a report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Professional Diversity Network currently has a consensus rating of “Sell”.
View Our Latest Stock Report on Professional Diversity Network
Professional Diversity Network Company Profile
Professional Diversity Network, Inc is a workforce development and recruitment company that operates online platforms designed to connect employers with diverse professionals and job seekers. The company focuses on helping organizations strengthen their diversity hiring efforts while providing professionals with employment resources, career information and networking opportunities.
Its services have included online job listings, recruitment advertising, professional networking, career development resources and targeted outreach to groups that have historically been underrepresented in the workforce.
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