SPAR Group, Inc. (NASDAQ:SGRP) Short Interest Update

SPAR Group, Inc. (NASDAQ:SGRP) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 24,475 shares, a drop of 29.6% from the January 29th total of 34,746 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 29,819 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 29,819 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s stock are sold short.

Insider Buying and Selling

In other news, CFO Steven Michael Hennen bought 55,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was acquired at an average cost of $0.78 per share, with a total value of $42,900.00. Following the transaction, the chief financial officer directly owned 55,000 shares of the company’s stock, valued at approximately $42,900. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 50.92% of the stock is owned by insiders.

SPAR Group Stock Down 2.3%

Shares of NASDAQ SGRP traded down $0.02 during midday trading on Friday, hitting $0.78. 531 shares of the stock traded hands, compared to its average volume of 22,675. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.20 and a current ratio of 1.20. SPAR Group has a one year low of $0.73 and a one year high of $1.60. The business has a 50 day moving average price of $0.81 and a two-hundred day moving average price of $0.96. The company has a market cap of $18.72 million, a PE ratio of -11.17 and a beta of 0.10.

SPAR Group Company Profile

SPAR Group, Inc is a U.S.-based provider of retail merchandising and business services to consumer packaged goods companies. Through its nationwide network of local merchandisers, the company delivers in-store product stocking, planogram compliance, retail audits and promotional installations. SPAR Group’s field teams work directly in grocery, pharmacy, big‐box and convenience channels to ensure optimal product placement and availability at the point of sale.

Beyond traditional merchandising, SPAR Group offers retail data collection and analytics to help clients monitor shelf conditions, pricing accuracy and inventory levels across multiple retail outlets.