Fluent, Inc. (NASDAQ:FLNT) Sees Significant Growth in Short Interest

Fluent, Inc. (NASDAQ:FLNT) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 26,300 shares, a growth of 5.6% from the December 15th total of 24,900 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 21,300 shares, the short-interest ratio is presently 1.2 days.

Fluent Price Performance

Shares of FLNT traded down $0.04 on Friday, hitting $2.86. The company’s stock had a trading volume of 4,394 shares, compared to its average volume of 24,625. The company has a market capitalization of $48.29 million, a PE ratio of -1.59 and a beta of 2.23. Fluent has a fifty-two week low of $2.31 and a fifty-two week high of $4.30. The company has a 50 day moving average price of $2.78 and a 200 day moving average price of $2.98. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Fluent in a research report on Saturday. They set a “hold” rating for the company.

About Fluent

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.