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

Super League Enterprise, Inc. (NASDAQ:SLE) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 120,400 shares, an increase of 176.8% from the March 31st total of 43,500 shares. Currently, 2.5% of the shares of the stock are short sold. Based on an average daily volume of 73,300 shares, the short-interest ratio is presently 1.6 days.

Analysts Set New Price Targets

Separately, HC Wainwright reaffirmed a “buy” rating and set a $3.00 target price on shares of Super League Enterprise in a research note on Thursday, March 28th.

Super League Enterprise Stock Up 1.0 %

Shares of SLE stock traded up $0.01 during mid-day trading on Friday, reaching $1.49. 11,809 shares of the stock traded hands, compared to its average volume of 43,483. The company has a market cap of $8.98 million, a price-to-earnings ratio of -0.13 and a beta of 1.93. The stock’s fifty day simple moving average is $1.98 and its two-hundred day simple moving average is $1.78. Super League Enterprise has a 1-year low of $0.98 and a 1-year high of $14.00.

Super League Enterprise (NASDAQ:SLE) last issued its quarterly earnings data on Wednesday, March 27th. The company reported ($3.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.23) by ($2.24). Super League Enterprise had a negative net margin of 120.94% and a negative return on equity of 208.14%. The business had revenue of $9.51 million during the quarter, compared to the consensus estimate of $9.40 million. On average, equities research analysts anticipate that Super League Enterprise will post -3.18 EPS for the current fiscal year.

Super League Enterprise Company Profile

Super League Enterprise, Inc builds and operates networks of games, monetization tools, and content channels across metaverse gaming platforms that empower developers, energize players, and entertain fans. The company's solutions provide access to an audience consisting of players in the metaverse environments, fans of various gaming influencers, and viewers of gameplay content across social media and digital video platforms.