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

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

Stran & Company, Inc. Price Performance

Shares of SWAG traded up $0.00 on Thursday, hitting $1.59. The company’s stock had a trading volume of 7,879 shares, compared to its average volume of 65,419. The firm’s fifty day moving average price is $1.89 and its 200-day moving average price is $1.87. Stran & Company, Inc. has a fifty-two week low of $1.50 and a fifty-two week high of $3.50.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Stran & Company, Inc. from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Stran & Company, Inc. presently has an average rating of “Sell”.

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.