Sow Good Inc. (OTCMKTS:SOWG) Sees Large Decline in Short Interest

Sow Good Inc. (OTCMKTS:SOWG) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 1,600 shares, a drop of 36.0% from the March 31st total of 2,500 shares. Based on an average daily volume of 31,100 shares, the days-to-cover ratio is currently 0.1 days.

Sow Good Stock Performance

Shares of Sow Good stock traded down $0.72 on Monday, hitting $15.36. 21,800 shares of the company were exchanged, compared to its average volume of 5,920. Sow Good has a 1-year low of $1.06 and a 1-year high of $22.00. The company has a 50-day moving average price of $12.08 and a 200 day moving average price of $9.50. The company has a current ratio of 1.77, a quick ratio of 0.96 and a debt-to-equity ratio of 0.65.

Sow Good (OTCMKTS:SOWG) last announced its quarterly earnings data on Friday, March 22nd. The company reported $0.23 earnings per share for the quarter. The firm had revenue of $9.52 million for the quarter. Sow Good had a negative return on equity of 91.69% and a negative net margin of 19.05%.

Sow Good Company Profile

Sow Good Inc produces and sells freeze-dried candy, snacks, smoothies, and granola in the United States. It markets its products through direct-to-consumer focused websites, as well as through the business-to-business sales channels. The company offers its products under the Sow Good and Sustain Us brands.