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

Super League Enterprise, Inc. (NASDAQ:SLE) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 112,900 shares, an increase of 29.2% from the January 31st total of 87,400 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 117,200 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Super League Enterprise

An institutional investor recently raised its position in Super League Enterprise stock. Clarity Capital Partners LLC raised its holdings in Super League Enterprise, Inc. (NASDAQ:SLE) by 220.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,000 shares of the company’s stock after acquiring an additional 27,500 shares during the quarter. Clarity Capital Partners LLC owned 0.26% of Super League Enterprise worth $25,000 as of its most recent filing with the SEC. 2.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, HC Wainwright cut their price objective on shares of Super League Enterprise from $3.00 to $2.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th.

Super League Enterprise Trading Down 12.3 %

Shares of SLE opened at $0.33 on Tuesday. The stock’s 50 day moving average is $0.58 and its two-hundred day moving average is $0.75. Super League Enterprise has a twelve month low of $0.33 and a twelve month high of $2.71. The firm has a market capitalization of $5.55 million, a PE ratio of -0.06 and a beta of 1.74.

About Super League Enterprise

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.