Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Up 22.9% in December

Super League Enterprise, Inc. (NASDAQ:SLE) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 92,700 shares, an increase of 22.9% from the November 30th total of 75,400 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily volume of 168,500 shares, the days-to-cover ratio is currently 0.6 days.

Super League Enterprise Price Performance

Shares of SLE opened at $0.63 on Tuesday. Super League Enterprise has a 12 month low of $0.50 and a 12 month high of $2.84. The stock has a market cap of $9.74 million, a PE ratio of -0.11 and a beta of 1.77. The stock’s 50-day moving average is $0.75 and its two-hundred day moving average is $0.91.

Wall Street Analysts Forecast Growth

SLE has been the topic of several research reports. HC Wainwright cut their target price on Super League Enterprise from $3.00 to $2.00 and set a “buy” rating on the stock in a research report on Wednesday, November 20th. Maxim Group dropped their target price on shares of Super League Enterprise from $4.00 to $3.00 and set a “buy” rating for the company in a research report on Monday, October 14th.

About Super League Enterprise

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.