Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Update

Hour Loop, Inc. (NASDAQ:HOUR) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 130,900 shares, a growth of 367.5% from the December 31st total of 28,000 shares. Based on an average daily trading volume, of 1,650,000 shares, the short-interest ratio is currently 0.1 days. Currently, 7.6% of the company’s stock are short sold.

Hour Loop Price Performance

Shares of HOUR stock traded up $0.14 during trading hours on Thursday, hitting $2.07. 23,478 shares of the company’s stock were exchanged, compared to its average volume of 396,826. Hour Loop has a 52 week low of $0.83 and a 52 week high of $6.90. The stock has a market cap of $72.67 million, a price-to-earnings ratio of 40.93 and a beta of 1.08. The stock’s 50-day moving average is $2.00 and its 200-day moving average is $1.55.

Hour Loop (NASDAQ:HOUR) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.01 EPS for the quarter. The company had revenue of $31.08 million during the quarter. Hour Loop had a net margin of 1.24% and a return on equity of 31.06%.

Hour Loop Company Profile

Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells products in various categories, including home/garden décor, toys, kitchenware, apparels, and electronics products. It sells its products through hourloop.com, as well as third-party marketplaces.