Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Up 22.9% in December

Super League Enterprise, Inc. (NASDAQ:SLE) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 92,700 shares, a growth of 22.9% from the November 30th total of 75,400 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 168,500 shares, the short-interest ratio is presently 0.6 days.

Super League Enterprise Stock Down 2.2 %

Super League Enterprise stock traded down $0.01 during trading hours on Tuesday, reaching $0.62. 59,989 shares of the company’s stock were exchanged, compared to its average volume of 101,117. The firm’s 50 day simple moving average is $0.74 and its 200 day simple moving average is $0.91. Super League Enterprise has a twelve month low of $0.50 and a twelve month high of $2.84. The firm has a market capitalization of $9.53 million, a PE ratio of -0.11 and a beta of 1.77.

Wall Street Analyst Weigh In

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

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.