Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Update

Stran & Company, Inc. (NASDAQ:SWAG) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 2,852 shares, a decrease of 42.1% from the August 15th total of 4,923 shares. Based on an average daily volume of 39,296 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Stran & Company, Inc. from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Stran & Company, Inc. currently has a consensus rating of “Sell”.

Stran & Company, Inc. Trading Down 3.0%

NASDAQ SWAG traded down $0.05 during trading on Wednesday, reaching $1.59. 15,103 shares of the company’s stock traded hands, compared to its average volume of 65,746. The company’s 50 day simple moving average is $1.90 and its two-hundred day simple moving average is $1.87. Stran & Company, Inc. has a 12-month low of $1.50 and a 12-month high of $3.50.

Stran & Company, Inc. (NASDAQ:SWAG) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. Stran & Company, Inc. had a net margin of 0.05% and a return on equity of 0.18%. The firm had revenue of $33.36 million during the quarter, compared to analysts’ expectations of $11.23 million.

About Stran & Company, Inc.

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.