Snail, Inc. (NASDAQ:SNAL) Sees Significant Increase in Short Interest

Snail, Inc. (NASDAQ:SNAL) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 157,100 shares, a growth of 43.5% from the October 31st total of 109,500 shares. Approximately 2.1% of the shares of the company are sold short. Based on an average trading volume of 226,700 shares, the short-interest ratio is currently 0.7 days.

Snail Stock Up 2.1 %

SNAL traded up $0.02 on Friday, hitting $0.92. 12,804 shares of the company traded hands, compared to its average volume of 75,406. Snail has a 12-month low of $0.52 and a 12-month high of $2.29. The company has a 50 day moving average of $1.32 and a 200-day moving average of $1.00. The stock has a market capitalization of $33.99 million, a PE ratio of 10.22 and a beta of 0.82.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.