Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Update

Hour Loop, Inc. (NASDAQ:HOUR) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 130,900 shares, an increase of 367.5% from the December 15th total of 28,000 shares. Currently, 7.6% of the company’s stock are short sold. Based on an average daily volume of 1,650,000 shares, the days-to-cover ratio is presently 0.1 days.

Hour Loop Trading Down 2.2 %

Hour Loop stock traded down $0.05 on Wednesday, hitting $2.22. 161,146 shares of the stock traded hands, compared to its average volume of 150,894. The business’s fifty day simple moving average is $1.87 and its 200 day simple moving average is $1.46. The firm has a market cap of $78.02 million, a P/E ratio of 44.41 and a beta of 1.08. Hour Loop has a 1 year low of $0.83 and a 1 year high of $6.90.

About Hour Loop

Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells products in various categories, including home/garden décor, toys, kitchenware, apparels, and electronics products. It sells its products through hourloop.com, as well as third-party marketplaces.