Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Up 22.9% in December

Super League Enterprise, Inc. (NASDAQ:SLE) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 92,700 shares, a growth of 22.9% from the November 30th total of 75,400 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 168,500 shares, the short-interest ratio is currently 0.6 days.

Super League Enterprise Price Performance

Shares of NASDAQ:SLE traded down $0.03 on Tuesday, hitting $0.60. The company’s stock had a trading volume of 56,386 shares, compared to its average volume of 101,103. Super League Enterprise has a 1 year low of $0.50 and a 1 year high of $2.84. The company has a market capitalization of $9.29 million, a PE ratio of -0.11 and a beta of 1.77. The company has a 50-day simple moving average of $0.74 and a 200 day simple moving average of $0.91.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SLE. Maxim Group decreased their price target on Super League Enterprise from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Monday, October 14th. HC Wainwright lowered their target price on shares of Super League Enterprise from $3.00 to $2.00 and set a “buy” rating on the stock in a research note 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.