Short Interest in Spark Networks Rises By 3.2% (LOV)
Spark Networks (NYSE:LOV) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 1,133,571 shares, an increase of 3.2% from the July 31st total of 1,098,738 shares, American Banking News reports. Currently, 5.8% of the shares of the stock are sold short. Based on an average daily volume of 137,914 shares, the days-to-cover ratio is currently 8.2 days.
Spark Networks (NYSE:LOV) opened at 5.25 on Friday. Spark Networks has a 1-year low of $4.26 and a 1-year high of $8.59. The stock has a 50-day moving average of $5.63 and a 200-day moving average of $5.23. The company’s market cap is $125.9 million.
Spark Networks (NYSE:LOV) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.05) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.09) by $0.04. During the same quarter last year, the company posted ($0.15) earnings per share. On average, analysts predict that Spark Networks will post $-0.29 earnings per share for the current fiscal year.
Spark Networks, Inc is a provider of online personals services in the United States and internationally.
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