Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Up 26.7% in December

Hour Loop, Inc. (NASDAQ:HOUR) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 28,000 shares, an increase of 26.7% from the November 30th total of 22,100 shares. Based on an average trading volume of 1,520,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.6% of the shares of the stock are short sold.

Hour Loop Price Performance

Shares of NASDAQ HOUR traded down $0.76 during trading on Friday, hitting $2.82. 976,719 shares of the company were exchanged, compared to its average volume of 444,213. Hour Loop has a 1 year low of $0.83 and a 1 year high of $6.90. The company has a market cap of $99.10 million, a price-to-earnings ratio of 56.41 and a beta of 1.30. The firm’s fifty day moving average price is $1.65 and its 200 day moving average price is $1.35.

Hour Loop Company Profile

Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells products in various categories, including home/garden décor, toys, kitchenware, apparels, and electronics products. It sells its products through hourloop.com, as well as third-party marketplaces.