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

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

Sow Good Stock Performance

Shares of NASDAQ:SOWG traded up $0.01 during midday trading on Friday, hitting $0.63. The company’s stock had a trading volume of 129,718 shares, compared to its average volume of 3,336,695. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.47 and a current ratio of 4.06. The stock’s 50 day simple moving average is $0.59 and its 200 day simple moving average is $0.72. Sow Good has a fifty-two week low of $0.23 and a fifty-two week high of $3.20. The stock has a market capitalization of $7.70 million, a price-to-earnings ratio of -0.33 and a beta of 1.92.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Sow Good in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Sow Good Company Profile

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.