Short Interest in Hour Loop, Inc. (NASDAQ:HOUR) Decreases By 79.8%

Hour Loop, Inc. (NASDAQ:HOUR - Get Free Report) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 30,400 shares, a decline of 79.8% from the January 31st total of 150,200 shares. Based on an average daily trading volume, of 1,770,000 shares, the short-interest ratio is presently 0.0 days. Approximately 1.8% of the shares of the stock are short sold.

Hour Loop Trading Down 3.2 %

Shares of NASDAQ:HOUR traded down $0.06 during trading on Monday, reaching $1.80. The company had a trading volume of 55,809 shares, compared to its average volume of 237,639. The company has a fifty day moving average of $2.27 and a two-hundred day moving average of $1.72. The stock has a market capitalization of $63.26 million, a P/E ratio of 36.01 and a beta of 1.06. Hour Loop has a 12 month low of $0.83 and a 12 month high of $6.90.

About Hour Loop

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.