Spark Networks Inc (NYSE:LOV) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 621,723 shares, a growth of 3.2% from the October 31st total of 602,264 shares. Based on an average trading volume of 70,891 shares, the days-to-cover ratio is presently 8.8 days. Approximately 3.2% of the shares of the company are sold short.
In other Spark Networks news, Director Michael J. Mcconnell sold 25,947 shares of the company’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $1.12, for a total transaction of $29,060.64. Following the sale, the director now directly owns 218,014 shares of the company’s stock, valued at $244,175.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael J. Mcconnell sold 87,950 shares of the company’s stock in a transaction on Monday, November 21st. The stock was sold at an average price of $1.08, for a total transaction of $94,986.00. Following the sale, the director now directly owns 218,014 shares in the company, valued at $235,455.12. The disclosure for this sale can be found here.
Spark Networks (NYSE:LOV) opened at 1.08 on Friday. The stock has a 50 day moving average of $1.37 and a 200 day moving average of $1.59. The company’s market capitalization is $34.42 million. Spark Networks has a 12 month low of $1.06 and a 12 month high of $4.14.
Spark Networks Company Profile