Signing Day Sports, Inc. (NYSEAMERICAN:SGN) Sees Significant Decrease in Short Interest
by Danessa Lincoln · The Markets DailySigning Day Sports, Inc. (NYSEAMERICAN:SGN – Get Free Report) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 97,813 shares, a drop of 43.2% from the December 15th total of 172,222 shares. Based on an average trading volume of 57,936 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.3% of the company’s stock are short sold. Approximately 2.3% of the company’s stock are short sold. Based on an average trading volume of 57,936 shares, the days-to-cover ratio is currently 1.7 days.
Signing Day Sports Stock Performance
Signing Day Sports stock traded down $0.04 during mid-day trading on Thursday, reaching $0.18. The stock had a trading volume of 8,876,366 shares, compared to its average volume of 2,856,895. Signing Day Sports has a one year low of $0.16 and a one year high of $7.24. The company has a 50-day moving average price of $1.05 and a two-hundred day moving average price of $1.43.
Signing Day Sports (NYSEAMERICAN:SGN – Get Free Report) last released its quarterly earnings data on Wednesday, November 12th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $0.03 million for the quarter.
Signing Day Sports News Summary
Here are the key news stories impacting Signing Day Sports this week:
- Positive Sentiment: Closed a public offering that raised about $5.6 million, giving the company near‑term cash to fund operations, its planned business combination and growth initiatives. Signing Day Sports Announces Closing of $5.6 Million Public Offering
- Positive Sentiment: Product and marketing activity: the app/platform is being expanded to support college basketball recruitment and the company has begun basketball combines (including a Salt Lake City event with former NBA player Thurl Bailey) and hosted its Military Appreciation Bowl combine — progress on user adoption and market awareness. Signing Day Sports Announces Technology and Services to Support College Basketball Recruitment
- Neutral Sentiment: Transaction update: the proposed business combination with BlockchAIn Digital Infrastructure is progressing with a closing now anticipated in February or March 2026 — a potential catalyst but timing and terms remain uncertain. Signing Day Sports Provides Transaction Update on Proposed Business Combination
- Neutral Sentiment: Selected balance-sheet snapshot: as of June 30, 2025 Signing Day reported total assets of ~ $1.4M vs. total liabilities of ~ $1.1M — technically positive but small absolute scale. Signing Day Sports Announces Selected Financial Results for Quarter Ended June 30, 2025
- Negative Sentiment: Large equity and warrant issuance at a low offering price (9.48M shares + 14.2M warrants priced at $0.5905) creates significant immediate and potential future dilution; that issuance increases float and can put downward pressure on the share price. Signing Day Sports Announces Pricing of $5.6 Million Public Offering
- Negative Sentiment: Operating performance remains weak: historically small revenue and reported quarterly losses (recently low single‑digit thousands in revenue and negative EPS) mean the business is reliant on financings rather than cash flow — investors often sell when dilution is announced against weak fundamentals. Selected Financial Results
Signing Day Sports Company Profile
Signing Day Sports International plc is an interactive sports technology company that connects aspiring student-athletes with college and university athletic programs. Through its flagship NCSA Pathway platform, the company offers a suite of digital recruiting tools designed to streamline the college recruitment process. Services include personalized recruiting coaching, athlete profile management, video hosting, data-driven match-making between athletes and programs, and compliance guidance for NCAA regulations.
In addition to its online platform, Signing Day Sports hosts regional and national showcases and combines to provide face-to-face exposure opportunities.
Read More
- Five stocks we like better than Signing Day Sports
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Executive Order 14330: Trump’s Biggest Yet
- The Crash Has Already Started (Most Just Don’t See It Yet)