Super League Enterprise, Inc. (NASDAQ:SLE) Sees Large Drop in Short Interest

Super League Enterprise, Inc. (NASDAQ:SLE) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 63,300 shares, a decrease of 31.7% from the December 15th total of 92,700 shares. Based on an average daily trading volume, of 120,600 shares, the short-interest ratio is presently 0.5 days. Approximately 0.7% of the shares of the company are sold short.

Super League Enterprise Trading Up 5.6 %

Shares of NASDAQ:SLE traded up $0.03 during midday trading on Friday, hitting $0.62. The stock had a trading volume of 10,728 shares, compared to its average volume of 94,320. The company has a market capitalization of $9.60 million, a PE ratio of -0.11 and a beta of 1.73. Super League Enterprise has a 1 year low of $0.50 and a 1 year high of $2.84. The stock has a 50 day moving average price of $0.66 and a two-hundred day moving average price of $0.89.

Analyst Ratings Changes

Several research firms have commented on SLE. Maxim Group decreased their price objective on Super League Enterprise from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Monday, October 14th. HC Wainwright decreased their price target on Super League Enterprise from $3.00 to $2.00 and set a “buy” rating for the company in a report on Wednesday, November 20th.

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.