Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,580 shares, an increase of 433.8% from the September 15th total of 2,544 shares. Based on an average daily trading volume, of 18,410 shares, the days-to-cover ratio is currently 0.7 days.
Netcapital Price Performance
Shares of NASDAQ:NCPLW remained flat at $0.03 during trading on Friday. 1,000 shares of the company were exchanged, compared to its average volume of 8,437. Netcapital has a twelve month low of $0.01 and a twelve month high of $0.09. The company’s 50 day moving average is $0.03 and its 200 day moving average is $0.03.
Netcapital Company Profile
Netcapital Inc is a financial technology company that operates an online private capital markets platform. The company helps early-stage and emerging businesses seek funding by connecting them with investors and providing tools designed to support the capital-raising process.
Through its platform and affiliated funding portal, Netcapital offers services that may include securities offerings, investor communications, compliance support and other administrative resources for private companies.
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