Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Update

Dogness (International) Corporation (NASDAQ:DOGZ) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 31,421 shares, a decrease of 73.3% from the June 15th total of 117,574 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 33,563 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Dogness (International)

Institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its position 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 valued at $48,000 after buying an additional 2,578 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of Dogness (International) during the 3rd quarter worth approximately $518,000. UBS Group AG lifted its stake in shares of Dogness (International) by 106,624.5% during the 3rd quarter. UBS Group AG now owns 52,295 shares of the company’s stock worth $674,000 after acquiring an additional 52,246 shares during the last quarter. Marex Group plc purchased a new position in Dogness (International) during the 4th quarter valued at $157,000. Finally, Jane Street Group LLC purchased a new position in Dogness (International) during the 4th quarter valued at $153,000. Institutional investors own 5.12% of the company’s stock.

Dogness (International) Stock Performance

Shares of Dogness (International) stock traded down $0.00 during trading on Tuesday, hitting $1.00. The stock had a trading volume of 3,825 shares, compared to its average volume of 689,795. The firm’s fifty day simple moving average is $1.10 and its 200-day simple moving average is $2.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.75 and a quick ratio of 1.45. Dogness has a 12 month low of $0.81 and a 12 month high of $16.59.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on DOGZ shares. Wall Street Zen cut Dogness (International) from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Dogness (International) in a research note on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently 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.