Short Interest in Urgent.ly Inc. (NASDAQ:ULY) Drops By 97.7%

Posted by Geri Gentry on Mar 28th, 2025

Urgent.ly Inc. (NASDAQ:ULY – Get Free Report) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 64,100 shares, a decline of 97.7% from the February 28th total of 2,820,000 shares. Approximately 7.3% of the shares of the company are sold short. Based on an average daily trading volume, of 258,800 shares, the short-interest ratio is currently 0.2 days.

Urgent.ly Price Performance

Shares of ULY stock opened at $4.78 on Friday. Urgent.ly has a one year low of $2.99 and a one year high of $32.04. The company’s fifty day moving average price is $5.77 and its 200-day moving average price is $6.84. The company has a market capitalization of $5.95 million, a price-to-earnings ratio of 0.51 and a beta of 0.85.

Urgent.ly (NASDAQ:ULY – Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported ($7.80) EPS for the quarter. The business had revenue of $32.03 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reduced their target price on shares of Urgent.ly from $18.00 to $12.00 and set a “buy” rating for the company in a report on Friday, March 14th.

Read Our Latest Report on ULY

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Urgent.ly stock. Toronto Dominion Bank bought a new position in Urgent.ly Inc. (NASDAQ:ULY – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 165,750 shares of the company’s stock, valued at approximately $85,000. Toronto Dominion Bank owned approximately 1.23% of Urgent.ly as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 28.30% of the company’s stock.

Urgent.ly Company Profile

(Get Free Report)

Urgent.ly Inc offers mobility assistance software platform for roadside assistance in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its services include car lockout, tire changes, towing, stuck in ditch and winch services, motorcycle towing, electric vehicle towing, jump start, and gas delivery.