Sow Good Inc. (NASDAQ:SOWG) Short Interest Down 60.9% in June

Sow Good Inc. (NASDAQ:SOWGGet Free Report) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 77,481 shares, a drop of 60.9% from the May 31st total of 198,269 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 146,593 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Read Our Latest Stock Analysis on Sow Good

Sow Good Stock Up 2.7%

SOWG stock traded up $0.09 during mid-day trading on Monday, hitting $3.44. 56,711 shares of the company were exchanged, compared to its average volume of 235,146. The firm has a market cap of $69.21 million, a P/E ratio of -0.14 and a beta of 1.39. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.68 and a current ratio of 0.68. Sow Good has a 1-year low of $1.04 and a 1-year high of $31.80. The firm’s 50 day simple moving average is $2.08 and its 200 day simple moving average is $5.59.

Sow Good (NASDAQ:SOWGGet Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The company reported ($0.13) earnings per share for the quarter. Sow Good had a negative return on equity of 78.61% and a negative net margin of 300.71%.

Sow Good Company Profile

(Get Free Report)

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.

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