Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Up 195.2% in March

Super League Enterprise, Inc. (NASDAQ:SLE) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 317,300 shares, an increase of 195.2% from the February 28th total of 107,500 shares. Approximately 2.5% of the company’s stock are short sold. Based on an average daily trading volume, of 168,500 shares, the short-interest ratio is presently 1.9 days.

Super League Enterprise Stock Down 25.5 %

Shares of NASDAQ SLE traded down $0.10 during trading hours on Friday, hitting $0.30. 195,531 shares of the stock were exchanged, compared to its average volume of 127,521. The company has a market cap of $4.90 million, a PE ratio of -0.05 and a beta of 2.09. Super League Enterprise has a 12 month low of $0.27 and a 12 month high of $2.49. The firm has a fifty day moving average price of $0.48 and a 200-day moving average price of $0.66.

Hedge Funds Weigh In On Super League Enterprise

An institutional investor recently bought a new position in Super League Enterprise stock. United Asset Strategies Inc. bought a new stake in shares of Super League Enterprise, Inc. (NASDAQ:SLE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 40,000 shares of the company’s stock, valued at approximately $25,000. United Asset Strategies Inc. owned approximately 0.26% of Super League Enterprise at the end of the most recent reporting period. 2.06% of the stock is currently owned by hedge funds and other institutional investors.

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.