Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Down 73.3% in June

Dogness (International) Corporation (NASDAQ:DOGZ) saw a significant 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. Based on an average daily volume of 33,563 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On Dogness (International)

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DOGZ. UBS Group AG grew its position 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 buying an additional 52,246 shares during the period. BNP Paribas Financial Markets acquired a new position in Dogness (International) during the third quarter valued at approximately $518,000. Quadrature Capital Ltd grew its holdings in Dogness (International) by 71.5% during the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock valued at $392,000 after purchasing an additional 15,414 shares during the period. Marex Group plc bought a new stake in Dogness (International) in the fourth quarter valued at approximately $157,000. Finally, Jane Street Group LLC acquired a new stake in Dogness (International) in the fourth quarter worth $153,000. Institutional investors own 5.12% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on DOGZ. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Dogness (International) in a report on Thursday, June 18th. Wall Street Zen lowered Dogness (International) from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Dogness (International) Stock Performance

DOGZ traded down $0.01 during trading on Friday, reaching $0.99. 15,093 shares of the company’s stock were exchanged, compared to its average volume of 34,775. The company’s fifty day moving average price is $1.10 and its 200-day moving average price is $2.90. Dogness has a fifty-two week low of $0.81 and a fifty-two week high of $16.59. 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 (International) Company Profile

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.