Snail, Inc. (NASDAQ:SNAL) Short Interest Up 27.3% in April

Snail, Inc. (NASDAQ:SNAL) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 41,000 shares, a growth of 27.3% from the March 31st total of 32,200 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 41,800 shares, the days-to-cover ratio is currently 1.0 days.

Snail Price Performance

Shares of NASDAQ:SNAL traded down $0.02 during trading on Friday, hitting $1.07. The company had a trading volume of 1,333 shares, compared to its average volume of 11,267. The company has a fifty day simple moving average of $1.04 and a two-hundred day simple moving average of $1.13. The stock has a market cap of $39.33 million, a price-to-earnings ratio of -4.46 and a beta of 2.07. Snail has a one year low of $0.79 and a one year high of $2.32.

Snail (NASDAQ:SNAL) last posted its quarterly earnings data on Monday, April 1st. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.20). The firm had revenue of $28.57 million during the quarter, compared to analysts’ expectations of $31.60 million. Snail had a negative return on equity of 104.80% and a negative net margin of 5.84%. On average, equities research analysts anticipate that Snail will post 0.19 earnings per share for the current year.

About Snail

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.