Netcapital Inc. (NASDAQ:NCPLW – Get Free Report) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 248 shares, a drop of 89.5% from the June 30th total of 2,351 shares. Based on an average daily volume of 4,880 shares, the short-interest ratio is currently 0.1 days.
Netcapital Stock Performance
Netcapital stock traded down $0.01 during midday trading on Friday, hitting $0.02. 1,000 shares of the stock were exchanged, compared to its average volume of 6,323. Netcapital has a 1 year low of $0.02 and a 1 year high of $0.08. The company has a 50 day moving average price of $0.03 and a two-hundred day moving average price of $0.03.
Netcapital Company Profile
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.
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