Short Interest in Super League Enterprise, Inc. (NASDAQ:SLE) Rises By 15.3%

Super League Enterprise, Inc. (NASDAQ:SLE) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 64,737 shares, a growth of 15.3% from the February 12th total of 56,167 shares. Based on an average trading volume of 23,575 shares, the days-to-cover ratio is currently 2.7 days. Approximately 7.8% of the shares of the stock are short sold. Approximately 7.8% of the shares of the stock are short sold. Based on an average trading volume of 23,575 shares, the days-to-cover ratio is currently 2.7 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Super League Enterprise in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Institutional Trading of Super League Enterprise

Several institutional investors and hedge funds have recently added to or reduced their stakes in SLE. Mariner LLC bought a new stake in Super League Enterprise during the fourth quarter worth approximately $45,000. Bank of America Corp DE increased its holdings in shares of Super League Enterprise by 365,800.0% in the third quarter. Bank of America Corp DE now owns 10,977 shares of the company’s stock valued at $49,000 after buying an additional 10,974 shares in the last quarter. Finally, Empery Asset Management LP bought a new position in shares of Super League Enterprise in the fourth quarter valued at $763,000. 2.06% of the stock is owned by institutional investors and hedge funds.

Super League Enterprise Trading Up 11.3%

Shares of Super League Enterprise stock opened at $4.45 on Tuesday. Super League Enterprise has a 52 week low of $3.25 and a 52 week high of $215.42. The stock has a market cap of $3.73 million, a PE ratio of -0.01 and a beta of 1.90. The company’s 50-day moving average price is $5.43 and its two-hundred day moving average price is $18.92.

Super League Enterprise Company Profile

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs. Its proprietary cloud-based platform offers dynamic media technology; metaverse game experience and tournament technology; and fully remote production and livestream broadcast technology.