Short Interest in Netcapital Inc. (NASDAQ:NCPL) Rises By 797.8%

Netcapital Inc. (NASDAQ:NCPL) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 793,995 shares, an increase of 797.8% from the May 14th total of 88,442 shares. Currently, 10.6% of the company’s shares are sold short. Based on an average trading volume of 23,067,452 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Netcapital stock. Jane Street Group LLC bought a new stake in Netcapital Inc. (NASDAQ:NCPL) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 12,121 shares of the company’s stock, valued at approximately $83,000. Jane Street Group LLC owned 0.31% of Netcapital at the end of the most recent quarter. Hedge funds and other institutional investors own 30.69% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Netcapital in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Netcapital presently has an average rating of “Sell”.

Netcapital Stock Down 7.8%

NCPL opened at $0.82 on Friday. Netcapital has a 52 week low of $0.31 and a 52 week high of $8.75. The business has a fifty day simple moving average of $0.59 and a 200-day simple moving average of $0.66. The firm has a market cap of $6.46 million, a P/E ratio of -0.05 and a beta of 2.22.

Netcapital (NASDAQ:NCPL) last released its quarterly earnings results on Thursday, March 19th. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.28) by ($0.04). Netcapital had a negative return on equity of 40.53% and a negative net margin of 3,806.77%.The firm had revenue of $0.51 million for the quarter, compared to analysts’ expectations of $1.87 million.

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.