Snail, Inc. (NASDAQ:SNAL) Short Interest Update

Snail, Inc. (NASDAQ:SNAL) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 27,900 shares, a drop of 41.4% from the February 13th total of 47,600 shares. Based on an average daily trading volume, of 115,300 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the shares of the stock are short sold.

Snail Trading Down 0.7 %

Shares of NASDAQ SNAL opened at $1.44 on Monday. The business has a 50-day moving average of $2.10 and a 200-day moving average of $1.59. Snail has a 12 month low of $0.52 and a 12 month high of $3.42. The firm has a market capitalization of $53.21 million, a price-to-earnings ratio of 16.00 and a beta of -0.55.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Snail stock. Geode Capital Management LLC bought a new position in Snail, Inc. (NASDAQ:SNAL) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,944 shares of the company’s stock, valued at approximately $35,000. Geode Capital Management LLC owned 0.05% of Snail as of its most recent SEC filing. 0.36% of the stock is owned by hedge funds and other institutional investors.

About Snail

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.