Short Interest in Lendway, Inc. (NASDAQ:LDWY) Increases By 36.5%

Lendway, Inc. (NASDAQ:LDWY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 20,200 shares, a growth of 36.5% from the March 31st total of 14,800 shares. Currently, 2.7% of the shares of the company are short sold. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is presently 1.8 days.

Lendway Trading Down 0.2 %

Shares of LDWY stock opened at $6.28 on Tuesday. Lendway has a 1-year low of $4.05 and a 1-year high of $9.36. The stock’s fifty day simple moving average is $5.83 and its 200-day simple moving average is $5.15. The company has a market capitalization of $10.93 million, a price-to-earnings ratio of 4.72 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 (EPS) for the quarter.

About Lendway

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.