Professional Diversity Network, Inc. (NASDAQ:IPDN) Short Interest Update

Professional Diversity Network, Inc. (NASDAQ:IPDN) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 103,300 shares, a growth of 33.6% from the December 31st total of 77,300 shares. Based on an average daily volume of 181,300 shares, the short-interest ratio is currently 0.6 days. Currently, 1.3% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Professional Diversity Network in a research note on Friday, January 24th. They issued a “sell” rating on the stock.

Professional Diversity Network Trading Up 2.1 %

Shares of IPDN stock traded up $0.01 during trading hours on Thursday, reaching $0.39. The stock had a trading volume of 9,735 shares, compared to its average volume of 363,288. Professional Diversity Network has a 12 month low of $0.36 and a 12 month high of $2.80. The firm has a market capitalization of $5.65 million, a PE ratio of -1.93 and a beta of 13.45. The stock’s fifty day simple moving average is $0.52 and its 200 day simple moving average is $0.58.

About Professional Diversity Network

Professional Diversity Network, Inc operates online professional networking communities with career resources in the United States. It operates through three segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network), and RemoteMore USA (RemoteMore).