Lendway, Inc. (NASDAQ:LDWY) Short Interest Down 12.4% in March

Lendway, Inc. (NASDAQ:LDWY) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 14,800 shares, a drop of 12.4% from the March 15th total of 16,900 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily trading volume, of 11,400 shares, the short-interest ratio is currently 1.3 days.

Lendway Stock Down 5.9 %

Shares of NASDAQ:LDWY opened at $6.18 on Tuesday. The firm has a market capitalization of $10.75 million, a P/E ratio of 4.65 and a beta of 1.95. The firm has a fifty day moving average of $5.45 and a two-hundred day moving average of $5.07. Lendway has a 12-month low of $4.05 and a 12-month high of $9.36.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Lendway stock. Vanguard Group Inc. acquired a new position in shares of Lendway, Inc. (NASDAQ:LDWY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,737 shares of the company’s stock, valued at approximately $146,000. Vanguard Group Inc. owned 1.81% of Lendway as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 6.64% of the company’s stock.

Lendway Company Profile

Lendway, Inc provides in-store advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages in the United States. It offers in-store signage solutions, which provides point-of-purchase services, brand equity signs, tear pads, and display marketing solutions; display solutions, such as a range of fully customized temporary, semi-permanent, and permanent displays; merchandising solutions; and on-pack solutions, which include BoxTalk, coupons, recipes, and cross-promotions.