On Deck Capital, Inc. (NYSE:ONDK), A rise of 109,469 shares or 2.7% was seen in the short interest of On Deck Capital, Inc.. Even as the interest increased from 4,080,189 shares on December 31,2015 to 4,189,658 shares on January 15,2016, the days to cover came in at 8. The updated interest stood at 12.8% of the stocks floats. The stock has seen an average daily volume of 514,246 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on January 27th after the market close.
The company shares have dropped -49.91% from its 1 Year high price. On Mar 25, 2015, the shares registered one year high at $23.83 and the one year low was seen on Jan 14, 2016. The 50-Day Moving Average price is $9.39 and the 200 Day Moving Average price is recorded at $10.04.
In the past twelve weeks, the net percent change held by company insiders has changed by -5.59% . Institutional Investors own 63.17% of On Deck Capital, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -5.59%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, The officer (Chief Financial Officer), of On Deck Capital Inc, Katzenberg Howard had unloaded 25,000 shares at $10.77 per share in a transaction on December 21, 2015. The total value of transaction was $269,250. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
During the last several months other analysts have commented on the company rating. Compass Point upgrades its view on On Deck Capital, Inc. (NYSE:ONDK) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Sell. The rating by the firm was issued on January 15, 2016.
Shares of On Deck Capital, Inc. (NYSE:ONDK) ended Wednesday session in red amid volatile trading. The shares closed down 0.25 points or 3.11% at $7.8 with 263,298 shares getting traded. Post opening the session at $8.05, the shares hit an intraday low of $7.71 and an intraday high of $8.145 and the price vacillated in this range throughout the day. The company has a market cap of $546 million and the number of outstanding shares have been calculated to be 69,974,770 shares. The 52-week high of On Deck Capital, Inc. (NYSE:ONDK) is $23.826 and the 52-week low is $6.91.
On Deck Capital Inc is a United States-based financing network that offers financing to small businesses that do not meet the criteria for traditional bank loans. The Company uses data aggregation and electronic payment technology to evaluate the financial health of small and medium sized businesses. The OnDeck system also provides a critically needed mechanism for financial institutions and other business service providers to reach the Main Street small business market. It has offices in Kansas City and McLean Virginia. Its small business loans include dental loans, restaurant loans, medical financing, restaurant financing, fast small business loans, fast small business financing, online small business loans, online applications for small business loans, small business loans online, retail capital, fast small business financing, short-term business loans, business equipment financing, small business equipment financing and merchant cash advance.