Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,866 shares, a drop of 86.3% from the September 30th total of 13,580 shares. Based on an average daily volume of 9,848 shares, the short-interest ratio is presently 0.2 days.
Netcapital Stock Performance
Shares of NCPLW traded down $0.01 on Wednesday, hitting $0.03. 3,853 shares of the stock traded hands, compared to its average volume of 8,953. The stock’s 50 day moving average is $0.03 and its two-hundred day moving average is $0.03. Netcapital has a 1 year low of $0.01 and a 1 year high of $0.09.
Netcapital Company Profile
Netcapital Inc is a financial technology company that operates an online investment platform designed to connect early-stage and growth companies with investors. Through its platform, eligible private companies can present their businesses, products and fundraising opportunities to potential investors, while investors can review participating companies and consider investment opportunities subject to applicable securities laws.
The company’s activities include equity crowdfunding and related capital-raising services.
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