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

Hour Loop, Inc. (NASDAQ:HOUR) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 150,200 shares, an increase of 108.3% from the January 15th total of 72,100 shares. Approximately 8.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,770,000 shares, the short-interest ratio is presently 0.1 days.

Hour Loop Trading Down 2.4 %

HOUR stock opened at $2.02 on Friday. The firm has a 50 day moving average of $2.17 and a 200-day moving average of $1.64. The company has a market cap of $70.98 million, a price-to-earnings ratio of 40.41 and a beta of 1.06. Hour Loop has a 12-month low of $0.83 and a 12-month high of $6.90.

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

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.