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

by · The Cerbat Gem

Hour Loop, Inc. (NASDAQ:HOUR – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 28,000 shares, a growth of 26.7% from the November 30th total of 22,100 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,520,000 shares, the days-to-cover ratio is currently 0.0 days.

Hour Loop Stock Down 21.2 %

Shares of Hour Loop stock traded down $0.76 on Friday, hitting $2.82. The company’s stock had a trading volume of 976,719 shares, compared to its average volume of 444,213. The firm has a fifty day moving average price of $1.65 and a 200-day moving average price of $1.35. Hour Loop has a 52-week low of $0.83 and a 52-week high of $6.90. The company has a market capitalization of $99.10 million, a P/E ratio of 56.41 and a beta of 1.30.

About Hour Loop

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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.

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