Sow Good Inc. (NASDAQ:SOWG) Short Interest Up 142.2% in May
by Danessa Lincoln · The Markets DailySow Good Inc. (NASDAQ:SOWG – Get Free Report) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 246,833 shares, a growth of 142.2% from the April 30th total of 101,912 shares. Currently, 56.4% of the shares of the company are sold short. Based on an average trading volume of 1,121,594 shares, the days-to-cover ratio is currently 0.2 days.
Analyst Ratings Changes
Separately, Weiss Ratings raised Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on Sow Good
Sow Good Price Performance
SOWG stock traded down $0.02 during mid-day trading on Monday, hitting $1.55. 598 shares of the stock were exchanged, compared to its average volume of 242,898. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.68 and a quick ratio of 0.68. The business has a fifty day moving average price of $3.70 and a 200 day moving average price of $6.59. Sow Good has a 12 month low of $1.04 and a 12 month high of $31.80. The stock has a market capitalization of $31.19 million, a price-to-earnings ratio of -0.06 and a beta of 1.39.
Sow Good (NASDAQ:SOWG – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The company reported ($0.13) EPS 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
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.