In last trading session, Oblong Inc (NASDAQ:OBLG) saw 0.41 million shares changing hands with its beta currently measuring 2.99. Company’s recent per share price level of $0.13 trading at $0.0 or -3.45% at ring of the bell on the day assigns it a market valuation of $2.13M. That closing price of OBLG’s stock is at a discount of -2930.77% from its 52-week high price of $3.94 and is indicating a premium of 15.38% from its 52-week low price of $0.11. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.7 million shares which gives us an average trading volume of 2.59 million if we extend that period to 3-months.

Oblong Inc (NASDAQ:OBLG) trade information

Upright in the red during last session for losing -3.45%, in the last five days OBLG remained trading in the red while hitting it’s week-highest on Tuesday, 04/09/24 when the stock touched $0.13 price level, adding 16.77% to its value on the day. Oblong Inc’s shares saw a change of -35.40% in year-to-date performance and have moved -3.40% in past 5-day. Oblong Inc (NASDAQ:OBLG) showed a performance of -20.06% in past 30-days. Number of shares sold short was 0.97 million shares which calculate 0.16 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 46.51% during past 5 years.

OBLG Dividends

Oblong Inc is more likely to be releasing its next quarterly report between May 08 and May 13 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Oblong Inc (NASDAQ:OBLG)’s Major holders

Insiders are in possession of 0.88% of company’s total shares while institution are holding 2.33 percent of that, with stock having share float percentage of 2.35%. Investors also watch the number of corporate investors in a company very closely, which is 2.33% institutions for Oblong Inc that are currently holding shares of the company. Foundry Group Next, LLC is the top institutional holder at OBLG for having 0.52 million shares of worth $0.74 million. And as of Jun 29, 2023, it was holding 17.84% of the company’s outstanding shares.

The second largest institutional holder is Vanguard Group Inc, which was holding about 45574.0 shares on Jun 29, 2023. The number of shares represents firm’s hold over 1.56% of outstanding shares, having a total worth of $64259.0.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 45359.0 shares of worth $63956.0 or 1.55% of the total outstanding shares. The later fund manager was in possession of 4789.0 shares on May 30, 2023, making its stake of worth around $8045.0 in the company or a holder of 0.16% of company’s stock.