NetSol Technologies Inc. (NASDAQ:NTWK – Get Free Report) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 14,588 shares, a decline of 39.3% from the July 30th total of 24,017 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 17,318 shares, the short-interest ratio is currently 0.8 days.
Institutional Trading of NetSol Technologies
Hedge funds have recently bought and sold shares of the business. XTX Topco Ltd bought a new position in NetSol Technologies in the 4th quarter valued at $58,000. Jane Street Group LLC bought a new stake in shares of NetSol Technologies during the 4th quarter worth $82,000. Bridgeway Capital Management LLC boosted its holdings in shares of NetSol Technologies by 9.9% in the 2nd quarter. Bridgeway Capital Management LLC now owns 53,708 shares of the software maker’s stock worth $167,000 after buying an additional 4,816 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of NetSol Technologies by 10.7% in the 4th quarter. Empowered Funds LLC now owns 62,527 shares of the software maker’s stock worth $189,000 after buying an additional 6,051 shares during the last quarter. Finally, Rothschild Wealth LLC bought a new position in NetSol Technologies during the fourth quarter valued at about $303,000. 16.02% of the stock is currently owned by institutional investors.
NetSol Technologies Stock Up 1.0%
NASDAQ:NTWK traded up $0.04 on Tuesday, hitting $4.09. The stock had a trading volume of 32,561 shares, compared to its average volume of 31,170. NetSol Technologies has a 1 year low of $2.73 and a 1 year high of $5.75. The firm’s fifty day simple moving average is $4.32 and its two-hundred day simple moving average is $3.98. The stock has a market cap of $48.59 million, a P/E ratio of 27.27 and a beta of 0.93. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.94 and a current ratio of 1.94.
Analyst Ratings Changes
View Our Latest Report on NetSol Technologies
NetSol Technologies Company Profile
NetSol Technologies, Inc is a publicly traded enterprise software provider specializing in asset finance and leasing solutions. Headquartered in Calabasas, California, the company was founded in 1997 by Najeeb Ghauri, who continues to serve as its chief executive officer. NetSol has built a reputation for delivering end-to-end digital solutions tailored to the finance, leasing, and rental industries, enabling clients to streamline operations, improve customer engagement, and accelerate business growth.
The company’s flagship offering, NFS Ascent, is a configurable, modular platform that supports the entire contract lifecycle—from origination and credit approval through servicing and end-of-term processing.
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