Moatable, Inc. (NYSE:MTBLY) Short Interest Down 31.3% in September

Key Points

• Moatable, Inc. (NYSE:MTBLY) experienced a significant decline in short interest, dropping by 31.3% in September, with total short interest at 5,500 shares.
• The company’s stock price reached $2.93 during trading, with a market capitalization of $53.12 million and a price-to-earnings ratio of -29.30.
• Moatable operates in the software as a service sector, providing platforms like Chime for real estate and Trucker Path for transportation management.

Moatable, Inc. (NYSE:MTBLY - ) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 5,500 shares, a drop of 31.3% from the August 31st total of 8,000 shares. Based on an average trading volume of 72,300 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 72,300 shares, the short-interest ratio is presently 0.1 days.

Moatable Stock Performance

Moatable stock traded down $0.02 during trading hours on Monday, reaching $2.93. 258 shares of the company's stock traded hands, compared to its average volume of 11,829. The firm's 50 day moving average is $2.25 and its 200-day moving average is $1.63. The firm has a market capitalization of $53.12 million, a price-to-earnings ratio of -29.30 and a beta of 0.46. Moatable has a fifty-two week low of $0.72 and a fifty-two week high of $2.95.

Moatable Company Profile

Moatable, Inc engages in the software as a service business in the United States and internationally. The company develops Chime, an all-in-one real estate sales acceleration and client lifecycle management platform that allows real estate professionals to obtain and nurture leads, close transactions, and retain their clients; and Trucker Path, a driver-centric online transportation management platform to make freight transportation fast, reliable, and efficient.

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