Short Interest in Netcapital Inc. (NASDAQ:NCPL) Drops By 82.6%

Netcapital Inc. (NASDAQ:NCPL) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 111,347 shares, a drop of 82.6% from the December 15th total of 639,831 shares. Currently, 1.7% of the company’s stock are sold short. Based on an average daily trading volume, of 416,690 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 416,690 shares, the short-interest ratio is currently 0.3 days. Currently, 1.7% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on NCPL shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Netcapital in a research report on Friday, October 31st. Wall Street Zen lowered shares of Netcapital to a “strong sell” rating in a research report on Saturday, January 3rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Netcapital has a consensus rating of “Sell”.

Hedge Funds Weigh In On Netcapital

A hedge fund recently raised its stake in Netcapital stock. Geode Capital Management LLC boosted its stake in Netcapital Inc. (NASDAQ:NCPL) by 31.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,574 shares of the company’s stock after purchasing an additional 3,704 shares during the quarter. Geode Capital Management LLC owned about 0.40% of Netcapital worth $107,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 30.69% of the stock is currently owned by institutional investors and hedge funds.

Netcapital Stock Down 7.9%

Netcapital stock traded down $0.06 during midday trading on Tuesday, reaching $0.74. The stock had a trading volume of 318,468 shares, compared to its average volume of 4,727,651. The firm has a market capitalization of $5.06 million, a PE ratio of -0.04 and a beta of 0.91. Netcapital has a 12 month low of $0.61 and a 12 month high of $8.75. The firm’s 50-day moving average price is $1.11 and its 200 day moving average price is $2.37.

Netcapital (NASDAQ:NCPL) last posted its quarterly earnings results on Monday, December 15th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by ($0.14). The business had revenue of $0.05 million during the quarter, compared to the consensus estimate of $1.76 million. Netcapital had a negative net margin of 3,674.94% and a negative return on equity of 39.85%.

Netcapital Company Profile

Netcapital Inc operates an SEC-registered online capital–raising platform that connects emerging companies with a broad base of individual and institutional investors. Through its web-based portal, Netcapital enables issuers to conduct equity offerings under Regulation CF, Regulation A+ and Regulation D, providing a streamlined process for startups and growth-stage businesses seeking to access private capital markets. The company’s platform incorporates digital subscription, investor accreditation checks and regulatory compliance tools designed to simplify deal execution for both issuers and backers.

For entrepreneurs and small-business owners, Netcapital offers end-to-end support that includes deal structuring, compliance workflow, and marketing assistance.