Sow Good Inc. (NASDAQ:SOWG – Get Free Report) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 86,442 shares, a decline of 50.1% from the July 30th total of 173,107 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 8,679 shares, the days-to-cover ratio is currently 10.0 days.
Institutional Trading of Sow Good
An institutional investor recently bought a new stake in Sow Good stock. BlackRock Inc. bought a new stake in Sow Good Inc. (NASDAQ:SOWG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 71,562 shares of the company’s stock, valued at approximately $298,000. BlackRock Inc. owned 0.36% of Sow Good at the end of the most recent reporting period. 10.74% of the stock is owned by hedge funds and other institutional investors.
Sow Good Stock Up 3.6%
Sow Good stock traded up $0.11 during midday trading on Friday, hitting $3.16. 1,672 shares of the stock were exchanged, compared to its average volume of 6,549. The stock has a market capitalization of $63.52 million, a price-to-earnings ratio of -0.20 and a beta of 1.13. The business’s 50-day moving average price is $3.37 and its 200-day moving average price is $3.97. Sow Good has a 52-week low of $1.04 and a 52-week high of $18.15.
Analysts Set New Price Targets
Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sow Good in a research report on Friday, August 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sow Good presently has an average rating of “Sell”.
Get Our Latest Research Report on Sow Good
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.
Recommended Stories
- Five stocks we like better than Sow Good
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
- Amazon’s Zoox Push Tests Tesla’s Robotaxi Premium as Waymo Widens Its Lead
Receive News & Ratings for Sow Good Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sow Good and related companies with MarketBeat.com's FREE daily email newsletter.
