Locafy Limited (NASDAQ:LCFY) Short Interest Update

Locafy Limited (NASDAQ:LCFY) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,238 shares, a decline of 27.5% from the December 15th total of 1,708 shares. Based on an average trading volume of 10,018 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 10,018 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Locafy in a research note on Saturday, September 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Locafy has an average rating of “Sell”.

Locafy Trading Up 45.4%

Shares of LCFY stock traded up $1.42 on Friday, hitting $4.55. 42,599,523 shares of the company’s stock traded hands, compared to its average volume of 9,166. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.09 and a current ratio of 1.09. Locafy has a one year low of $2.51 and a one year high of $13.98. The company’s fifty day simple moving average is $3.46 and its 200 day simple moving average is $4.67. The stock has a market capitalization of $8.19 million, a price-to-earnings ratio of -4.38 and a beta of 1.95.

Locafy (NASDAQ:LCFY) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.29) EPS for the quarter. The firm had revenue of $0.53 million during the quarter.

Locafy Company Profile

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.