Dolphin Entertainment, Inc. (NASDAQ:DLPN) Short Interest Update

Dolphin Entertainment, Inc. (NASDAQ:DLPN) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totalling 35,500 shares, a decrease of 17.1% from the September 15th total of 42,800 shares. Based on an average daily trading volume, of 34,300 shares, the short-interest ratio is presently 1.0 days.

Dolphin Entertainment Price Performance

Shares of Dolphin Entertainment stock traded down $0.01 during midday trading on Monday, hitting $0.61. 16,955 shares of the company were exchanged, compared to its average volume of 65,066. The firm has a 50 day simple moving average of $0.69 and a 200-day simple moving average of $0.93. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a market cap of $11.58 million, a P/E ratio of -0.44 and a beta of 1.94. Dolphin Entertainment has a 52 week low of $0.51 and a 52 week high of $1.99.

Dolphin Entertainment (NASDAQ:DLPN) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.01. Dolphin Entertainment had a negative return on equity of 73.80% and a negative net margin of 31.53%. The company had revenue of $11.45 million during the quarter.

Dolphin Entertainment Company Profile

Dolphin Entertainment, Inc, together with its subsidiaries, operates as an independent entertainment marketing and production company in the United States. The company operates in two segments, Entertainment Publicity, and Marketing and Content Production. The Entertainment Publicity and Marketing segment provides diversified marketing services, including public relations, entertainment and hospitality content marketing, strategic communications, strategic marketing consulting, social media and influencer marketing, digital marketing, creative branding, talent publicity, and entertainment marketing services, as well as produces promotional video content.