Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Up 88.1% in December

Dogness (International) Corporation (NASDAQ:DOGZ) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 148,181 shares, a growth of 88.1% from the December 15th total of 78,775 shares. Currently, 1.5% of the company’s shares are short sold. Based on an average daily volume of 252,575 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 252,575 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.5% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

DOGZ has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Dogness (International) in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of Dogness (International) from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Dogness (International) Stock Performance

DOGZ opened at $11.18 on Friday. Dogness has a 1-year low of $6.81 and a 1-year high of $45.00. The company’s fifty day moving average price is $11.00 and its two-hundred day moving average price is $11.45. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 3.35.

Dogness (International) (NASDAQ:DOGZ) last posted its earnings results on Friday, October 17th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $4.31 million for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its position in shares of Dogness (International) by 687.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock valued at $48,000 after buying an additional 2,578 shares during the last quarter. BNP Paribas Financial Markets bought a new position in Dogness (International) during the 3rd quarter valued at $518,000. Finally, UBS Group AG boosted its holdings in Dogness (International) by 106,624.5% during the 3rd quarter. UBS Group AG now owns 52,295 shares of the company’s stock worth $674,000 after acquiring an additional 52,246 shares during the last quarter. Institutional investors own 5.12% of the company’s stock.

Dogness (International) Company Profile

Dogness (International) Corporation is a provider of pet health and lifestyle products that focuses on smart and interactive solutions for companion animals. The company designs, manufactures and markets a range of pet care products that integrate technology to enhance monitoring, feeding, exercise and enrichment for dogs and cats. Its product portfolio caters to pet owners seeking automated, data-driven tools to support pet well-being and owner convenience.

The company’s offerings include automatic pet feeders and water fountains equipped with programmable schedules, smartphone connectivity and real-time portion controls.