Netcapital Inc. (NASDAQ:NCPL) Short Interest Down 53.0% in July

Netcapital Inc. (NASDAQ:NCPL) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 53,446 shares, a decrease of 53.0% from the June 30th total of 113,615 shares. Based on an average trading volume of 181,601 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.7% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Netcapital from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Netcapital currently has a consensus rating of “Sell”.

Netcapital Stock Down 0.7%

NASDAQ NCPL traded down $0.00 on Tuesday, hitting $0.38. The stock had a trading volume of 41,028 shares, compared to its average volume of 1,980,802. Netcapital has a one year low of $0.31 and a one year high of $3.55. The stock has a market cap of $2.97 million, a price-to-earnings ratio of -0.02 and a beta of 2.34. The company’s 50-day moving average is $0.69 and its two-hundred day moving average is $0.57.

Institutional Investors Weigh In On Netcapital

An institutional investor recently raised its stake in Netcapital stock. Geode Capital Management LLC grew its position in shares of Netcapital Inc. (NASDAQ:NCPL) by 31.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 15,574 shares of the company’s stock after purchasing an additional 3,704 shares during the quarter. Geode Capital Management LLC owned 0.40% of Netcapital worth $107,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 30.69% of the company’s stock.

About Netcapital

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.