Hour Loop, Inc. (NASDAQ:HOUR) Short Interest Update

Hour Loop, Inc. (NASDAQ:HOURGet Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,200 shares, a decline of 31.9% from the January 15th total of 4,700 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Hour Loop

A hedge fund recently bought a new stake in Hour Loop stock. Jane Street Group LLC acquired a new position in Hour Loop, Inc. (NASDAQ:HOURFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 68,130 shares of the company’s stock, valued at approximately $204,000. Jane Street Group LLC owned 0.19% of Hour Loop at the end of the most recent reporting period. 0.31% of the stock is owned by institutional investors and hedge funds.

Hour Loop Price Performance

Hour Loop stock opened at $1.30 on Tuesday. The company has a market cap of $45.60 million, a PE ratio of -16.25 and a beta of 1.33. The company has a fifty day moving average price of $1.36 and a two-hundred day moving average price of $1.46. Hour Loop has a 12 month low of $1.00 and a 12 month high of $4.89.

About Hour Loop

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Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells home/garden décor, toys, kitchenware, apparel, and electronics products. It sells its products through hourloop.com and third-party marketplaces. Hour Loop, Inc was founded in 2013 and is headquartered in Redmond, Washington.

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