Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Update

Super League Enterprise, Inc. (NASDAQ:SLE) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 107,800 shares, adropof28.8% from the July 15th total of 151,400 shares. Based on an average trading volume of 215,600 shares, the days-to-cover ratio is presently 0.5 days. Currently,13.7% of the company’s shares are short sold. Currently,13.7% of the company’s shares are short sold. Based on an average trading volume of 215,600 shares, the days-to-cover ratio is presently 0.5 days.

Super League Enterprise Price Performance

NASDAQ SLE opened at $3.28 on Friday. The stock has a market capitalization of $3.54 million, a P/E ratio of -0.06 and a beta of 1.74. The business has a 50 day simple moving average of $4.60 and a 200 day simple moving average of $9.72. Super League Enterprise has a one year low of $3.07 and a one year high of $52.80.

Super League Enterprise (NASDAQ:SLE) last issued its quarterly earnings results on Thursday, August 14th. The company reported ($4.52) earnings per share (EPS) for the quarter, beating the consensus estimate of ($6.80) by $2.28. The firm had revenue of $3.00 million for the quarter, compared to analyst estimates of $2.60 million. Super League Enterprise had a negative return on equity of 20,752.62% and a negative net margin of 116.18%. Equities analysts expect that Super League Enterprise will post -2.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Super League Enterprise to a “hold” rating in a research report on Saturday, June 28th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $100.00.

About Super League Enterprise

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.