Newegg Commerce, Inc. (NASDAQ:NEGG) Short Interest Update

Newegg Commerce, Inc. (NASDAQ:NEGG) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 708,200 shares, a drop of 20.5% from the November 30th total of 890,900 shares. Based on an average daily volume of 573,200 shares, the short-interest ratio is presently 1.2 days. Approximately 1.6% of the shares of the stock are sold short.

Newegg Commerce Trading Down 3.6 %

Newegg Commerce stock traded down $0.02 during mid-day trading on Friday, reaching $0.44. The company had a trading volume of 674,718 shares, compared to its average volume of 617,526. The business has a fifty day simple moving average of $0.58 and a 200 day simple moving average of $0.75. Newegg Commerce has a fifty-two week low of $0.43 and a fifty-two week high of $1.45. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.54 and a current ratio of 1.21.

About Newegg Commerce

Newegg Commerce, Inc operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products.