Sow Good Inc. (NASDAQ:SOWG) Short Interest Update

Sow Good Inc. (NASDAQ:SOWG) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 407,833 shares, an increase of 20.5% from the March 15th total of 338,491 shares. Currently, 6.2% of the shares of the company are sold short. Based on an average daily volume of 214,834 shares, the short-interest ratio is presently 1.9 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sow Good in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Sow Good Stock Up 3.4%

Shares of SOWG stock traded up $0.01 during trading on Friday, reaching $0.31. The company’s stock had a trading volume of 49,766 shares, compared to its average volume of 1,392,841. The business has a fifty day moving average price of $0.43 and a 200-day moving average price of $0.57. The company has a quick ratio of 0.54, a current ratio of 0.55 and a debt-to-equity ratio of 0.11. The company has a market cap of $4.07 million, a price-to-earnings ratio of -0.16 and a beta of 2.07. Sow Good has a one year low of $0.23 and a one year high of $2.12.

Sow Good (NASDAQ:SOWG) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($1.93) EPS for the quarter. The business had revenue of ($5.89) million during the quarter. Sow Good had a negative return on equity of 45.33% and a negative net margin of 300.71%. Analysts anticipate that Sow Good will post -0.18 earnings per share for the current year.

Sow Good Company Profile

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.