Short Interest in Snail, Inc. (NASDAQ:SNAL) Increases By 27.3%

Snail, Inc. (NASDAQ:SNAL) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 41,000 shares, an increase of 27.3% from the March 31st total of 32,200 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 41,800 shares, the days-to-cover ratio is presently 1.0 days.

Snail Price Performance

NASDAQ:SNAL traded down $0.01 during trading hours on Monday, hitting $1.06. The company’s stock had a trading volume of 5,164 shares, compared to its average volume of 34,729. The company has a market capitalization of $38.97 million, a P/E ratio of -4.42 and a beta of 2.07. Snail has a twelve month low of $0.79 and a twelve month high of $2.32. The stock has a fifty day simple moving average of $1.04 and a 200-day simple moving average of $1.13.

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

Snail Company Profile

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.