Stran & Company, Inc. (NASDAQ:SWAG) Sees Significant Decrease in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 667 shares, a drop of 95.0% from the September 30th total of 13,301 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 18,854 shares, the short-interest ratio is currently 0.0 days.

Stran & Company, Inc. Stock Up 1.5%

Shares of NASDAQ:SWAG opened at $1.34 on Wednesday. The firm’s 50 day simple moving average is $1.55 and its two-hundred day simple moving average is $1.81. Stran & Company, Inc. has a 1-year low of $1.25 and a 1-year high of $3.50.

Stran & Company, Inc. (NASDAQ:SWAG) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $33.36 million for the quarter, compared to analyst estimates of $11.23 million.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Stran & Company, Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Stran & Company, Inc. Company Profile

Stran & Company, Inc is a promotional products and marketing services company headquartered in Quincy, Massachusetts. The company helps businesses and organizations strengthen their brands through the design, sourcing, production and distribution of branded merchandise and related marketing materials.

Its offerings include apparel, branded gifts, promotional products, packaging, print materials, awards and recognition items, and other customized products. Stran also provides creative services, online company stores, inventory management, warehousing, fulfillment and distribution services to support clients’ marketing and promotional programs.

The company serves customers primarily in the United States across a range of industries, including corporations, educational institutions, nonprofit organizations and other entities.