Super League Enterprise, Inc. (NASDAQ:SLE) Shares Shorted: Short Interest Down 44.4% in September

Super League Enterprise, Inc. (NASDAQ:SLE – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 52,304 shares, a drop of 44.4% from the September 15th total of 94,109 shares. Approximately 3.2% of the company’s stock are short sold. Based on an average daily volume of 193,882 shares, the short-interest ratio is presently 0.3 days.

Super League Enterprise Stock Down 3.4%

Shares of NASDAQ:SLE traded down $0.16 on Friday, reaching $4.49. 55,592 shares of the company’s stock were exchanged, compared to its average volume of 137,338. The business’s 50-day moving average is $4.42 and its two-hundred day moving average is $3.83. Super League Enterprise has a fifty-two week low of $2.12 and a fifty-two week high of $42.48. The firm has a market capitalization of $7.63 million, a price-to-earnings ratio of -0.11 and a beta of 1.44.

Super League Enterprise (NASDAQ:SLE – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($2.70) EPS for the quarter, missing the consensus estimate of ($1.42) by ($1.28). Super League Enterprise had a negative net margin of 185.60% and a negative return on equity of 201.00%. The business had revenue of $3.01 million during the quarter, compared to analyst estimates of $3.40 million.

Analyst Ratings Changes

Several analysts have issued reports on the company. ThinkEquity began coverage on Super League Enterprise in a research note on Monday, June 29th. They set a “buy” rating on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Super League Enterprise in a research report on Thursday. Finally, Wall Street Zen upgraded Super League Enterprise to a “hold” rating in a report on Saturday, October 3rd. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Read Our Latest Report on SLE

About Super League Enterprise

(Get Free Report)

Super League Enterprise Corp. (NASDAQ: SLE) is a digital entertainment and technology company that develops interactive experiences across popular online gaming and virtual-world platforms. The company helps brands, advertisers and entertainment properties engage audiences through games, immersive environments, social experiences and other forms of user-generated digital content.

Its services include the design and operation of branded experiences, virtual events, in-game and platform-based advertising, content production, and audience engagement programs.

See Also

Receive News & Ratings for Super League Enterprise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super League Enterprise and related companies with MarketBeat.com's FREE daily email newsletter.