Short Interest in Intercont (Cayman) Limited (NASDAQ:NCT) Increases By 37.5%

Intercont (Cayman) Limited (NASDAQ:NCTGet Free Report) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 34,530 shares, an increase of 37.5% from the November 30th total of 25,120 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,340,071 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 2,340,071 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the company’s stock are sold short.

Intercont (Cayman) Stock Down 4.5%

Shares of Intercont (Cayman) stock traded down $0.01 during trading on Tuesday, hitting $0.22. 554,962 shares of the stock traded hands, compared to its average volume of 308,653. The company has a fifty day moving average price of $0.70 and a two-hundred day moving average price of $1.90. Intercont has a twelve month low of $0.21 and a twelve month high of $8.76.

Intercont (Cayman) (NASDAQ:NCTGet Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.05 earnings per share for the quarter. The business had revenue of $5.87 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Intercont (Cayman) in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Stock Report on NCT

About Intercont (Cayman)

(Get Free Report)

Intercont (Cayman), doing business as NetCents Technology Inc, operates a cloud-based payments-as-a-service platform that enables merchants to accept both traditional payment methods—such as credit and debit cards, direct bank transfers—and digital currencies through a single integration. The company’s API-driven solution supports online storefronts, hosted checkout pages and in-store terminals, offering a seamless payment experience for end consumers while simplifying back-end processing for merchants.

Legally domiciled in the Cayman Islands and founded in 2013, NetCents maintains its operational headquarters in Kelowna, British Columbia.

Further Reading

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