Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Update

Hour Loop, Inc. (NASDAQ:HOUR) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 30,400 shares, a drop of 79.8% from the January 31st total of 150,200 shares. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 1.8% of the company’s stock are sold short.

Hour Loop Stock Performance

Hour Loop stock remained flat at $1.83 during midday trading on Thursday. The company had a trading volume of 9,426 shares, compared to its average volume of 248,251. The company has a market cap of $64.31 million, a P/E ratio of 36.61 and a beta of 1.06. Hour Loop has a 12-month low of $0.83 and a 12-month high of $6.90. The stock has a fifty day simple moving average of $2.25 and a two-hundred day simple moving average of $1.71.

Hour Loop Company Profile

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.