Locafy Limited (NASDAQ:LCFY – Get Rating) saw a large decrease in short interest during the month of December. As of December 30th, there was short interest totalling 8,800 shares, a decrease of 35.3% from the December 15th total of 13,600 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 7,800 shares, the short-interest ratio is presently 1.1 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Locafy stock. Jane Street Group LLC bought a new position in shares of Locafy Limited (NASDAQ:LCFY – Get Rating) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 62,554 shares of the company's stock, valued at approximately $146,000.
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Locafy Stock Up 3.6 %
Shares of LCFY traded up $0.32 during trading hours on Thursday, reaching $9.30. The stock had a trading volume of 11,110 shares, compared to its average volume of 11,334. Locafy has a 12 month low of $4.06 and a 12 month high of $90.00. The company's 50-day moving average is $4.57 and its two-hundred day moving average is $1.92.
Locafy (NASDAQ:LCFY – Get Rating) last announced its earnings results on Tuesday, November 8th. The company reported ($0.60) earnings per share (EPS) for the quarter. The company had revenue of $0.96 million during the quarter.
Locafy Company Profile
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Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in local search engine marketing in Australia, Europe, the United States, and internationally. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions, such as listings, landing pages, locators, and marketplace for improving the local online presence for business owners.
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