Snail, Inc. (NASDAQ:SNAL) Sees Significant Decline in Short Interest

Snail, Inc. (NASDAQ:SNAL) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 32,300 shares, a decline of 51.1% from the December 15th total of 66,000 shares. Based on an average daily volume of 175,900 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the shares of the company are short sold.

Snail Trading Up 0.5 %

SNAL stock opened at $1.85 on Tuesday. The firm has a 50-day moving average price of $1.50 and a 200-day moving average price of $1.18. Snail has a 12 month low of $0.52 and a 12 month high of $2.29. The stock has a market capitalization of $68.36 million, a P/E ratio of 20.56 and a beta of -0.84.

About Snail

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.