Sow Good Inc. (NASDAQ:SOWG) Sees Significant Increase in Short Interest

Sow Good Inc. (NASDAQ:SOWG) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 465,188 shares, an increase of 99.0% from the December 31st total of 233,794 shares. Based on an average daily volume of 4,738,023 shares, the short-interest ratio is currently 0.1 days. Currently, 7.6% of the company’s shares are short sold. Currently, 7.6% of the company’s shares are short sold. Based on an average daily volume of 4,738,023 shares, the short-interest ratio is currently 0.1 days.

Sow Good Price Performance

Shares of SOWG opened at $0.63 on Friday. The firm has a market capitalization of $7.65 million, a price-to-earnings ratio of -0.33 and a beta of 1.92. The firm’s fifty day simple moving average is $0.59 and its 200-day simple moving average is $0.72. Sow Good has a twelve month low of $0.23 and a twelve month high of $3.20. The company has a current ratio of 4.06, a quick ratio of 0.47 and a debt-to-equity ratio of 0.11.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sow Good in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

About Sow Good

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.