Alpine 4 Holdings, Inc. (NASDAQ:ALPP) Short Interest Update

Alpine 4 Holdings, Inc. (NASDAQ:ALPP) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 973,900 shares, a drop of 9.0% from the May 15th total of 1,070,000 shares. Currently, 4.0% of the company’s shares are short sold. Based on an average daily trading volume, of 45,400 shares, the short-interest ratio is presently 21.5 days.

Alpine 4 Stock Down 2.8 %

ALPP stock opened at $0.52 on Monday. The firm has a market cap of $13.87 million, a PE ratio of -0.24 and a beta of 0.78. Alpine 4 has a one year low of $0.42 and a one year high of $2.96. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.43 and a current ratio of 0.86. The firm’s 50 day moving average price is $0.68 and its 200-day moving average price is $0.70.

Alpine 4 (NASDAQ:ALPP) last posted its earnings results on Wednesday, June 5th. The company reported ($0.27) EPS for the quarter. The business had revenue of $25.60 million during the quarter. Alpine 4 had a negative net margin of 54.63% and a negative return on equity of 43.74%.

About Alpine 4

Alpine 4 Holdings, Inc operates as an industrial conglomerate in North America. The company offers automotive technologies, including 6th Sense Auto, a connected car technology that provides various advantages to management, sales, finance, and service departments in the automotive dealership industry for productivity, profitability, and customer retention; and BrakeActive, a safety device that improve vehicle's third brake light's ability to reduce or prevent a rear-end collision.