Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,597 shares, an increase of 284.8% from the August 15th total of 3,014 shares. Based on an average daily volume of 11,947 shares, the days-to-cover ratio is currently 1.0 days.
Netcapital Stock Down 12.7%
NCPLW stock traded down $0.00 during midday trading on Friday, reaching $0.03. The company had a trading volume of 3,006 shares, compared to its average volume of 6,957. The company has a 50 day moving average of $0.02 and a two-hundred day moving average of $0.03. Netcapital has a 1 year low of $0.01 and a 1 year high of $0.08.
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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