Super League Enterprise, Inc. (NASDAQ:SLE) Sees Large Decline in Short Interest

Super League Enterprise, Inc. (NASDAQ:SLE) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 63,300 shares, a decrease of 31.7% from the December 15th total of 92,700 shares. Currently, 0.7% of the shares of the stock are sold short. Based on an average trading volume of 120,600 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Ratings Changes

A number of research firms have recently issued reports on SLE. HC Wainwright cut their price objective on Super League Enterprise from $3.00 to $2.00 and set a “buy” rating for the company in a report on Wednesday, November 20th. Maxim Group dropped their target price on Super League Enterprise from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Monday, October 14th.

Super League Enterprise Stock Down 0.5 %

Shares of NASDAQ:SLE opened at $0.64 on Wednesday. The stock has a market cap of $9.83 million, a PE ratio of -0.11 and a beta of 1.73. The company’s fifty day moving average is $0.68 and its 200 day moving average is $0.90. Super League Enterprise has a 52 week low of $0.50 and a 52 week high of $2.84.

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.