Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) was the recipient of a significant drop in short interest during 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 trading volume of 3,010 shares, the short-interest ratio is currently 0.2 days.
Netcapital Trading Down 16.4%
NASDAQ:NCPLW traded down $0.01 during midday trading on Thursday, reaching $0.03. 501 shares of the company traded hands, compared to its average volume of 6,071. Netcapital has a twelve month low of $0.02 and a twelve month high of $0.08. The company has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.03.
About Netcapital
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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