Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Up 19.0% in September

Hour Loop, Inc. (NASDAQ:HOUR) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 25,700 shares, an increase of 19.0% from the September 15th total of 21,600 shares. Based on an average trading volume of 27,600 shares, the short-interest ratio is currently 0.9 days. Approximately 1.5% of the company’s shares are short sold.

Hour Loop Stock Performance

HOUR stock traded up $0.06 during trading on Wednesday, hitting $1.49. 739 shares of the company traded hands, compared to its average volume of 28,048. The company has a 50-day moving average of $1.34 and a 200-day moving average of $1.14. The firm has a market capitalization of $52.31 million, a PE ratio of 35.78 and a beta of 1.30. Hour Loop has a 1 year low of $0.83 and a 1 year high of $2.20.

Hour Loop (NASDAQ:HOUR) last released its quarterly earnings data on Friday, August 9th. The company reported $0.02 earnings per share for the quarter. Hour Loop had a return on equity of 24.57% and a net margin of 0.91%. The firm had revenue of $28.07 million during 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.