Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Up 176.8% in April

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

Analysts Set New Price Targets

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

Super League Enterprise Trading Up 1.0 %

NASDAQ:SLE traded up $0.01 during mid-day trading on Friday, hitting $1.49. The company’s stock had a trading volume of 11,809 shares, compared to its average volume of 43,483. The company has a market capitalization of $8.98 million, a price-to-earnings ratio of -0.13 and a beta of 1.93. Super League Enterprise has a fifty-two week low of $0.98 and a fifty-two week high of $14.00. The stock has a fifty day moving average of $1.98 and a 200-day moving average of $1.78.

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

About Super League Enterprise

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.