Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Update

Hour Loop, Inc. (NASDAQ:HOUR) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 150,200 shares, a growth of 108.3% from the January 15th total of 72,100 shares. Based on an average trading volume of 1,770,000 shares, the short-interest ratio is presently 0.1 days. Currently, 8.7% of the shares of the stock are short sold.

Hour Loop Price Performance

Shares of HOUR opened at $2.02 on Friday. The business has a 50-day moving average of $2.17 and a 200-day moving average of $1.64. Hour Loop has a 1 year low of $0.83 and a 1 year high of $6.90. The company has a market capitalization of $70.98 million, a price-to-earnings ratio of 40.41 and a beta of 1.06.

Hour Loop (NASDAQ:HOUR) last issued its earnings results on Tuesday, November 12th. The company reported $0.01 earnings per share for the quarter. Hour Loop had a return on equity of 31.06% and a net margin of 1.24%. The business had revenue of $31.08 million during the quarter.

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.