Short Interest in Hour Loop, Inc. (NASDAQ:HOUR) Rises By 26.7%

Hour Loop, Inc. (NASDAQ:HOUR) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 28,000 shares, an increase of 26.7% from the November 30th total of 22,100 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily volume of 1,520,000 shares, the days-to-cover ratio is presently 0.0 days.

Hour Loop Stock Down 3.9 %

Shares of HOUR stock opened at $2.71 on Tuesday. The company has a market capitalization of $95.24 million, a P/E ratio of 54.21 and a beta of 1.30. Hour Loop has a 12-month low of $0.83 and a 12-month high of $6.90. The firm has a 50-day moving average price of $1.68 and a 200 day moving average price of $1.36.

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.