Short Interest in Snail, Inc. (NASDAQ:SNAL) Decreases By 31.2%

Snail, Inc. (NASDAQ:SNAL) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totalling 26,300 shares, a decrease of 31.2% from the September 15th total of 38,200 shares. Based on an average daily trading volume, of 179,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.3% of the shares of the stock are sold short.

Snail Trading Up 7.1 %

Shares of NASDAQ:SNAL traded up $0.13 during trading on Friday, reaching $1.95. The company’s stock had a trading volume of 302,696 shares, compared to its average volume of 77,506. The firm’s 50 day simple moving average is $0.88 and its two-hundred day simple moving average is $0.90. Snail has a 12 month low of $0.52 and a 12 month high of $2.19. The stock has a market capitalization of $71.67 million, a PE ratio of -9.29 and a beta of 1.69.

Snail (NASDAQ:SNAL) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.12). The company had revenue of $21.61 million during the quarter, compared to the consensus estimate of $27.80 million. Snail had a negative net margin of 2.64% and a negative return on equity of 141.25%. Research analysts anticipate that Snail will post 0.24 EPS for the current fiscal year.

Snail Company Profile

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.