Netcapital Inc. (NASDAQ:NCPL) Short Interest Update

Netcapital Inc. (NASDAQ:NCPL) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 90,778 shares, a decline of 88.6% from the May 31st total of 793,995 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average trading volume of 778,140 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Netcapital

An institutional investor recently bought a new position in Netcapital stock. Jane Street Group LLC bought a new position in Netcapital Inc. (NASDAQ:NCPL) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 12,121 shares of the company’s stock, valued at approximately $83,000. Jane Street Group LLC owned approximately 0.31% of Netcapital as of its most recent filing with the Securities & Exchange Commission. 30.69% of the stock is currently owned by institutional investors and hedge funds.

Netcapital Stock Performance

Netcapital stock traded up $0.05 during mid-day trading on Friday, hitting $0.57. 611,511 shares of the company traded hands, compared to its average volume of 687,883. Netcapital has a one year low of $0.31 and a one year high of $8.75. The stock has a market cap of $4.47 million, a price-to-earnings ratio of -0.04 and a beta of 2.22. The stock has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.63.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Netcapital from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

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.