Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 541 shares, a drop of 91.8% from the May 31st total of 6,589 shares. Based on an average daily trading volume, of 3,010 shares, the days-to-cover ratio is currently 0.2 days.
Netcapital Trading Down 16.4%
NASDAQ NCPLW traded down $0.01 on Thursday, hitting $0.03. 501 shares of the stock were exchanged, compared to its average volume of 6,071. Netcapital has a 52-week low of $0.02 and a 52-week high of $0.08. The company’s 50-day moving average price is $0.03 and its two-hundred day moving average price is $0.03.
Netcapital Company Profile
Netcapital (NASDAQ: NCPLW) operates a FINRA-registered online platform that enables startups, small businesses and emerging companies to raise capital through equity crowdfunding and private placement offerings. The company facilitates primary offerings under Regulation Crowdfunding, Regulation D and Regulation A+ exemptions, giving both accredited and non-accredited investors streamlined access to early-stage investment opportunities. By integrating deal structuring, subscription management and payment processing within a single interface, Netcapital simplifies the capital-raising process for issuers and investors.
At the core of Netcapital’s service is a web-based marketplace that supports end-to-end campaign management.
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