Short Interest in Super League Enterprise, Inc. (NASDAQ:SLE) Grows By 195.2%

Super League Enterprise, Inc. (NASDAQ:SLE) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 317,300 shares, an increase of 195.2% from the February 28th total of 107,500 shares. Based on an average daily volume of 168,500 shares, the short-interest ratio is currently 1.9 days. Approximately 2.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. United Asset Strategies Inc. bought a new position in Super League Enterprise, Inc. (NASDAQ:SLE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 40,000 shares of the company’s stock, valued at approximately $25,000. United Asset Strategies Inc. owned about 0.26% of Super League Enterprise at the end of the most recent reporting period. 2.06% of the stock is currently owned by institutional investors and hedge funds.

Super League Enterprise Stock Performance

NASDAQ:SLE opened at $0.27 on Friday. Super League Enterprise has a 52 week low of $0.26 and a 52 week high of $2.38. The firm has a 50-day moving average price of $0.47 and a two-hundred day moving average price of $0.65. The firm has a market cap of $4.42 million, a price-to-earnings ratio of -0.05 and a beta of 2.09.

Super League Enterprise (NASDAQ:SLE) last announced its quarterly earnings data on Friday, March 28th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.10). Super League Enterprise had a negative net margin of 110.58% and a negative return on equity of 401.11%. The business had revenue of $5.50 million during the quarter, compared to the consensus estimate of $5.50 million. As a group, sell-side analysts forecast that Super League Enterprise will post -2.16 earnings per share for the current year.

Super League Enterprise Company Profile

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.