Lendway, Inc. (NASDAQ:LDWY) Short Interest Up 36.5% in April

Lendway, Inc. (NASDAQ:LDWY) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 20,200 shares, an increase of 36.5% from the March 31st total of 14,800 shares. Based on an average daily trading volume, of 11,100 shares, the short-interest ratio is presently 1.8 days. Approximately 2.7% of the shares of the stock are short sold.

Lendway Price Performance

Shares of NASDAQ:LDWY opened at $6.29 on Friday. The business’s fifty day moving average price is $5.80 and its two-hundred day moving average price is $5.14. Lendway has a fifty-two week low of $4.05 and a fifty-two week high of $9.36. The stock has a market capitalization of $10.94 million, a price-to-earnings ratio of 4.73 and a beta of 1.95.

Lendway (NASDAQ:LDWY) last posted its earnings results on Monday, April 1st. The company reported ($0.21) earnings per share for the quarter.

Lendway Company Profile

Lendway, Inc provides in-store advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages in the United States. It offers in-store signage solutions, which provides point-of-purchase services, brand equity signs, tear pads, and display marketing solutions; display solutions, such as a range of fully customized temporary, semi-permanent, and permanent displays; merchandising solutions; and on-pack solutions, which include BoxTalk, coupons, recipes, and cross-promotions.