Marchex, Inc. (NASDAQ:MCHX) Short Interest Update

Marchex, Inc. (NASDAQ:MCHX) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 26,480 shares, a growth of 34.1% from the December 15th total of 19,752 shares. Based on an average daily volume of 23,734 shares, the short-interest ratio is currently 1.1 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 23,734 shares, the short-interest ratio is currently 1.1 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Zacks Research cut Marchex from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Marchex in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat, Marchex currently has a consensus rating of “Sell”.

Marchex Stock Performance

MCHX traded down $0.08 during midday trading on Friday, reaching $1.66. 12,189 shares of the company were exchanged, compared to its average volume of 17,830. The stock has a market capitalization of $73.38 million, a P/E ratio of -15.10 and a beta of 1.93. Marchex has a one year low of $1.26 and a one year high of $2.31. The stock’s 50-day simple moving average is $1.64 and its 200 day simple moving average is $1.83.

Institutional Investors Weigh In On Marchex

Several large investors have recently bought and sold shares of MCHX. Marathon Capital Management boosted its position in shares of Marchex by 13.9% during the third quarter. Marathon Capital Management now owns 61,500 shares of the technology company’s stock worth $110,000 after purchasing an additional 7,500 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Marchex in the 1st quarter valued at $30,000. Manatuck Hill Partners LLC acquired a new stake in Marchex during the 2nd quarter worth $88,000. AMH Equity Ltd lifted its holdings in Marchex by 28.2% during the second quarter. AMH Equity Ltd now owns 278,276 shares of the technology company’s stock worth $609,000 after acquiring an additional 61,163 shares in the last quarter. Finally, Acuitas Investments LLC bought a new position in Marchex during the second quarter worth about $141,000. Institutional investors own 73.46% of the company’s stock.

Marchex Company Profile

Marchex, Inc (NASDAQ: MCHX) operates a call data and analytics platform designed to help businesses measure and optimize customer interactions. The company’s core services include call tracking, conversational analytics and performance marketing solutions that attribute phone calls to specific advertising campaigns. By capturing and analyzing voice interactions, Marchex enables advertisers, agencies and brands to gain actionable insights into caller intent, marketing ROI and customer behavior.

Through its suite of technologies, Marchex offers real-time call monitoring, keyword spotting and AI-driven transcription to surface trends and conversion signals from inbound calls.