Dogness (International) Corporation (NASDAQ:DOGZ) Sees Large Increase in Short Interest

Dogness (International) Corporation (NASDAQ:DOGZ) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 172,827 shares, a growth of 577.3% from the July 30th total of 25,518 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 3,996,590 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Dogness (International)

A number of hedge funds have recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its holdings 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 worth $48,000 after acquiring an additional 2,578 shares in the last quarter. Jane Street Group LLC acquired a new position in Dogness (International) in the 4th quarter worth about $153,000. Marex Group plc purchased a new stake in shares of Dogness (International) during the 4th quarter worth about $157,000. Quadrature Capital Ltd raised its stake in shares of Dogness (International) by 71.5% during the 4th quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after purchasing an additional 15,414 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Dogness (International) during the 3rd quarter valued at about $518,000. 5.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Dogness (International) in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Dogness (International) Stock Up 2.2%

DOGZ traded up $0.02 on Thursday, reaching $1.02. 19,143 shares of the company traded hands, compared to its average volume of 811,444. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.45 and a current ratio of 1.75. The stock’s 50 day moving average price is $1.04 and its 200-day moving average price is $1.21. Dogness has a 52-week low of $0.81 and a 52-week high of $15.69.

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.