Fluent, Inc. (NASDAQ:FLNT) Short Interest Up 5.6% in December

Fluent, Inc. (NASDAQ:FLNT) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 26,300 shares, a growth of 5.6% from the December 15th total of 24,900 shares. Based on an average daily volume of 21,300 shares, the short-interest ratio is currently 1.2 days. Approximately 0.3% of the shares of the company are short sold.

Fluent Stock Performance

Shares of NASDAQ:FLNT traded down $0.04 during trading on Friday, hitting $2.86. 4,394 shares of the stock were exchanged, compared to its average volume of 24,625. The company has a market capitalization of $48.29 million, a price-to-earnings ratio of -1.59 and a beta of 2.23. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 0.94. Fluent has a 1-year low of $2.31 and a 1-year high of $4.30. The company’s fifty day simple moving average is $2.78 and its 200-day simple moving average is $2.98.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Fluent in a research report on Saturday. They set a “hold” rating for the company.

Fluent Company Profile

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.