Lendway, Inc. (NASDAQ:LDWY) Short Interest Update

by · The Markets Daily

Lendway, Inc. (NASDAQ:LDWY – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 5,200 shares, an increase of 18.2% from the August 31st total of 4,400 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is currently 0.7 days. Approximately 0.5% of the shares of the stock are short sold.

Lendway Price Performance

Shares of LDWY traded down $0.01 during mid-day trading on Monday, reaching $3.56. 12,751 shares of the stock traded hands, compared to its average volume of 7,964. The company has a market cap of $6.30 million, a price-to-earnings ratio of -11.10 and a beta of 1.85. Lendway has a 1 year low of $3.37 and a 1 year high of $6.88. The firm has a fifty day moving average price of $4.06 and a 200 day moving average price of $4.95. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 1.80.

Lendway (NASDAQ:LDWY – Get Free Report) last posted its earnings results on Friday, August 16th. The company reported ($0.46) EPS for the quarter. The company had revenue of $16.78 million during the quarter.

About Lendway

(Get Free Report)

Lendway, Inc operates as a specialty agricultural and finance company focusing on making and managing its agricultural investments in the United States and internationally. It owns and operates FarmlandCredit.com, a non-bank lending business that seeks to purchase existing loans and/or originate and fund new loans domestically.

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