Professional Diversity Network, Inc. (NASDAQ:IPDN – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 182,300 shares, a decline of 11.0% from the August 31st total of 204,900 shares. Approximately 2.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 33,500 shares, the short-interest ratio is currently 5.4 days.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on shares of Professional Diversity Network in a report on Thursday. They issued a “sell” rating for the company.
View Our Latest Stock Report on IPDN
Professional Diversity Network Price Performance
Professional Diversity Network (NASDAQ:IPDN – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The information services provider reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $1.69 million during the quarter. Professional Diversity Network had a negative return on equity of 149.58% and a negative net margin of 43.32%.
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).
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