Netcapital Inc. (NASDAQ:NCPLW) Stock Short Interest Falls 78.1%
by Doug Wharley · The Cerbat GemNetcapital Inc. (NASDAQ:NCPLW – Get Free Report) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 2,544 shares, a decrease of 78.1% from the August 31st total of 11,597 shares. Based on an average trading volume of 6,633 shares, the days-to-cover ratio is currently 0.4 days.
Netcapital Stock Performance
NCPLW stock traded down $0.00 during midday trading on Friday, reaching $0.03. The company had a trading volume of 1,377 shares, compared to its average volume of 6,973. The stock has a 50 day moving average price of $0.02 and a 200 day moving average price of $0.03. Netcapital has a fifty-two week low of $0.01 and a fifty-two week high of $0.08.
About Netcapital
Netcapital (NASDAQ: NCPLW) operates a FINRA-registered online platform that enables startups, small businesses and emerging companies to raise capital through equity crowdfunding and private placement offerings. The company facilitates primary offerings under Regulation Crowdfunding, Regulation D and Regulation A+ exemptions, giving both accredited and non-accredited investors streamlined access to early-stage investment opportunities. By integrating deal structuring, subscription management and payment processing within a single interface, Netcapital simplifies the capital-raising process for issuers and investors.
At the core of Netcapital’s service is a web-based marketplace that supports end-to-end campaign management.