Professional Diversity Network, Inc. (NASDAQ:IPDN) Short Interest Update

Professional Diversity Network, Inc. (NASDAQ:IPDN) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 103,300 shares, an increase of 33.6% from the December 31st total of 77,300 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average trading volume of 181,300 shares, the short-interest ratio is currently 0.6 days.

Professional Diversity Network Stock Performance

NASDAQ IPDN traded up $0.00 during trading on Friday, hitting $0.39. The stock had a trading volume of 109,247 shares, compared to its average volume of 344,873. The stock has a market capitalization of $5.69 million, a price-to-earnings ratio of -1.95 and a beta of 13.45. Professional Diversity Network has a one year low of $0.36 and a one year high of $2.80. The stock has a 50 day simple moving average of $0.51 and a 200 day simple moving average of $0.58.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Professional Diversity Network in a research report on Saturday. They issued a “sell” rating for the company.

About Professional Diversity Network

Professional Diversity Network, Inc operates online professional networking communities with career resources in the United States. It operates through three segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network), and RemoteMore USA (RemoteMore).