Locafy Limited (NASDAQ:LCFY) Short Interest Down 84.2% in July

Locafy Limited (NASDAQ:LCFYGet Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 308 shares, a drop of 84.2% from the July 15th total of 1,944 shares. Based on an average daily volume of 14,545 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Locafy Trading Down 1.1%

Shares of NASDAQ:LCFY traded down $0.03 on Thursday, hitting $2.72. The company had a trading volume of 1,428 shares, compared to its average volume of 301,135. Locafy has a 52-week low of $2.10 and a 52-week high of $7.75. The company has a market cap of $6.11 million, a PE ratio of -3.06 and a beta of 1.67. The business has a 50 day moving average of $3.06 and a 200 day moving average of $3.76.

Locafy (NASDAQ:LCFYGet Free Report) last announced its quarterly earnings data on Wednesday, July 1st. The company reported ($0.28) earnings per share for the quarter. The company had revenue of $0.84 million during the quarter.

About Locafy

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Locafy (NASDAQ:LCFY) is a technology company that offers a cloud-based software platform designed to streamline and automate local search marketing for multi-location businesses. Through its SaaS solution, Locafy enables brands to create, manage and optimize location-specific web pages and digital assets at scale, ensuring consistent and accurate information across search engines and online directories.

The Locafy platform leverages machine learning and automation to generate on-page SEO content, manage business listings and track local search performance.

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