Fluent, Inc. (NASDAQ:FLNT) Sees Large Increase in Short Interest

Fluent, Inc. (NASDAQ:FLNT) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 24,900 shares, a growth of 13.7% from the November 30th total of 21,900 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 19,200 shares, the days-to-cover ratio is presently 1.3 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Fluent in a report on Wednesday, December 25th. They set a “hold” rating on the stock.

Fluent Price Performance

Shares of Fluent stock traded down $0.08 during trading hours on Wednesday, hitting $2.52. The company’s stock had a trading volume of 17,313 shares, compared to its average volume of 22,668. The company has a market cap of $42.53 million, a PE ratio of -1.40 and a beta of 2.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 0.94. The business has a 50 day moving average price of $2.86 and a two-hundred day moving average price of $3.05. Fluent has a 12-month low of $2.31 and a 12-month high of $4.78.

Fluent Company Profile

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.