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

Lendway, Inc. (NASDAQ:LDWY) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 5,200 shares, a growth of 18.2% from the August 31st total of 4,400 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 7,600 shares, the days-to-cover ratio is currently 0.7 days.

Lendway Stock Down 0.3 %

NASDAQ LDWY traded down $0.01 on Monday, reaching $3.56. The company had a trading volume of 12,751 shares, compared to its average volume of 7,964. The stock has a market capitalization of $6.30 million, a P/E ratio of -11.10 and a beta of 1.85. The company’s fifty day moving average is $4.06 and its 200 day moving average is $4.95. Lendway has a 52-week low of $3.37 and a 52-week high of $6.88. The company has a quick ratio of 0.88, a current ratio of 1.79 and a debt-to-equity ratio of 1.80.

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

About Lendway

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.