Locafy Limited (NASDAQ:LCFY) Short Interest Update

Locafy Limited (NASDAQ:LCFY) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 16,400 shares, a growth of 182.8% from the October 31st total of 5,800 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average trading volume of 25,000 shares, the short-interest ratio is currently 0.7 days.

Locafy Stock Performance

NASDAQ LCFY traded up $0.20 during trading hours on Friday, hitting $7.40. The company had a trading volume of 25,345 shares, compared to its average volume of 377,206. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.59 and a current ratio of 0.59. Locafy has a 1-year low of $2.20 and a 1-year high of $11.23. The company has a market cap of $10.23 million, a PE ratio of -6.02 and a beta of 1.24. The business has a 50 day moving average of $6.12 and a 200-day moving average of $4.86.

Locafy Company Profile

Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in search engine marketing in Australia, New Zealand, Europe, North America, and internationally. The company operates in three segments: Publishing, Direct Sales, and Reseller Sales. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions.