Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Update

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 115,335 shares, an increase of 52.8% from the January 15th total of 75,494 shares. Based on an average trading volume of 343,109 shares, the short-interest ratio is currently 0.3 days. Approximately 1.3% of the company’s stock are sold short. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 343,109 shares, the short-interest ratio is currently 0.3 days.

Stran & Company, Inc. Stock Performance

Shares of Stran & Company, Inc. stock remained flat at $1.75 during midday trading on Monday. 48,231 shares of the stock were exchanged, compared to its average volume of 201,945. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.82 and a current ratio of 2.27. Stran & Company, Inc. has a fifty-two week low of $0.85 and a fifty-two week high of $3.50. The firm has a 50 day moving average of $1.88 and a 200 day moving average of $1.86. The stock has a market capitalization of $32.01 million, a P/E ratio of -19.44 and a beta of 2.14.

Institutional Trading of Stran & Company, Inc.

Several large investors have recently made changes to their positions in SWAG. Mink Brook Asset Management LLC lifted its holdings in Stran & Company, Inc. by 196.0% in the 4th quarter. Mink Brook Asset Management LLC now owns 300,533 shares of the company’s stock worth $499,000 after purchasing an additional 198,993 shares during the last quarter. Jane Street Group LLC grew its holdings in Stran & Company, Inc. by 618.6% during the fourth quarter. Jane Street Group LLC now owns 98,016 shares of the company’s stock valued at $163,000 after purchasing an additional 84,377 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Stran & Company, Inc. by 41.1% in the fourth quarter. Renaissance Technologies LLC now owns 273,420 shares of the company’s stock valued at $454,000 after purchasing an additional 79,589 shares during the period. Geode Capital Management LLC lifted its stake in shares of Stran & Company, Inc. by 23.3% in the fourth quarter. Geode Capital Management LLC now owns 98,042 shares of the company’s stock worth $163,000 after buying an additional 18,500 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in shares of Stran & Company, Inc. by 102.2% in the third quarter. Citadel Advisors LLC now owns 95,724 shares of the company’s stock worth $159,000 after buying an additional 48,382 shares during the last quarter. Institutional investors own 56.42% of the company’s stock.

Analyst Ratings Changes

SWAG has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Stran & Company, Inc. in a research report on Thursday, January 22nd. Wall Street Zen raised Stran & Company, Inc. to a “hold” rating in a research note on Saturday, January 31st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Stran & Company, Inc. has a consensus rating of “Sell”.

Stran & Company, Inc. Company Profile

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.