Short Interest in Dogness (International) Corporation (NASDAQ:DOGZ) Decreases By 58.6%

Dogness (International) Corporation (NASDAQ:DOGZ) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 225,742 shares, a decrease of 58.6% from the February 12th total of 545,835 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily volume of 193,496 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 193,496 shares, the days-to-cover ratio is presently 1.2 days. Currently, 2.3% of the company’s shares are short sold.

Institutional Investors Weigh In On Dogness (International)

A number of institutional investors have recently added to or reduced their stakes in DOGZ. Tower Research Capital LLC TRC lifted its position in shares of Dogness (International) by 687.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock worth $48,000 after buying an additional 2,578 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Dogness (International) during the fourth quarter valued at approximately $153,000. Marex Group plc bought a new stake in Dogness (International) during the fourth quarter worth $157,000. Quadrature Capital Ltd lifted its holdings in Dogness (International) by 71.5% during the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after acquiring an additional 15,414 shares during the period. Finally, BNP Paribas Financial Markets purchased a new position in Dogness (International) in the third quarter worth $518,000. 5.12% of the stock is owned by institutional investors.

Dogness (International) Price Performance

NASDAQ DOGZ traded up $0.05 on Thursday, reaching $1.65. The company had a trading volume of 170,978 shares, compared to its average volume of 189,201. The company has a current ratio of 3.35, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The company’s fifty day moving average is $4.55 and its 200 day moving average is $9.44. Dogness has a 52-week low of $1.02 and a 52-week high of $34.53.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Dogness (International) in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

About Dogness (International)

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.