Super League Enterprise, Inc. (NASDAQ:SLE) Short Interest Down 31.7% in December

Super League Enterprise, Inc. (NASDAQ:SLE) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 63,300 shares, a decrease of 31.7% from the December 15th total of 92,700 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 120,600 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

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

Super League Enterprise Stock Performance

Shares of SLE traded down $0.01 during mid-day trading on Thursday, hitting $0.59. The company’s stock had a trading volume of 60,864 shares, compared to its average volume of 103,066. The stock’s 50-day moving average is $0.67 and its two-hundred day moving average is $0.89. The firm has a market capitalization of $9.09 million, a PE ratio of -0.10 and a beta of 1.73. Super League Enterprise has a one year low of $0.50 and a one year high of $2.84.

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.