Netcapital Inc. (NASDAQ:NCPLW) Stock Short Interest Falls 78.1%

Netcapital Inc. (NASDAQ:NCPLW) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,544 shares, a decline of 78.1% from the August 31st total of 11,597 shares. Based on an average daily volume of 6,633 shares, the short-interest ratio is currently 0.4 days.

Netcapital Price Performance

Shares of NASDAQ:NCPLW traded down $0.00 during trading hours on Friday, hitting $0.03. The stock had a trading volume of 1,377 shares, compared to its average volume of 6,973. The stock’s fifty day simple moving average is $0.02 and its 200 day simple moving average is $0.03. Netcapital has a 1-year low of $0.01 and a 1-year high of $0.08.

About Netcapital

Netcapital (NASDAQ: NCPLW) operates a FINRA-registered online platform that enables startups, small businesses and emerging companies to raise capital through equity crowdfunding and private placement offerings. The company facilitates primary offerings under Regulation Crowdfunding, Regulation D and Regulation A+ exemptions, giving both accredited and non-accredited investors streamlined access to early-stage investment opportunities. By integrating deal structuring, subscription management and payment processing within a single interface, Netcapital simplifies the capital-raising process for issuers and investors.

At the core of Netcapital’s service is a web-based marketplace that supports end-to-end campaign management.