Laird Superfood, Inc. (NYSEAMERICAN:LSF) Short Interest Update

Laird Superfood, Inc. (NYSEAMERICAN:LSF) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 77,935 shares, a decline of 22.7% from the January 15th total of 100,784 shares. Based on an average trading volume of 148,260 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.9% of the company’s stock are short sold. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 148,260 shares, the days-to-cover ratio is currently 0.5 days.

Laird Superfood Stock Performance

Shares of NYSEAMERICAN LSF traded up $0.20 during mid-day trading on Friday, reaching $2.91. The company had a trading volume of 93,832 shares, compared to its average volume of 119,551. The company has a market capitalization of $31.11 million, a price-to-earnings ratio of -16.17 and a beta of 2.39. The stock has a fifty day moving average of $2.61 and a two-hundred day moving average of $4.17. Laird Superfood has a 12-month low of $1.98 and a 12-month high of $7.94.

Institutional Investors Weigh In On Laird Superfood

Institutional investors have recently modified their holdings of the stock. Crewe Advisors LLC purchased a new position in shares of Laird Superfood during the 4th quarter valued at $36,000. Steadtrust LLC acquired a new stake in Laird Superfood during the fourth quarter valued at $44,000. Goldman Sachs Group Inc. boosted its position in Laird Superfood by 24.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 31,943 shares of the company’s stock valued at $71,000 after purchasing an additional 6,178 shares during the last quarter. Jane Street Group LLC purchased a new position in Laird Superfood in the fourth quarter valued at about $73,000. Finally, XTX Topco Ltd acquired a new position in Laird Superfood in the 2nd quarter worth about $102,000. Institutional investors and hedge funds own 8.56% of the company’s stock.

Laird Superfood Company Profile

Laird Superfood, Inc (NYSE American: LSF) is a consumer wellness company specializing in plant-based superfood and functional beverage products. Founded in 2015 by big-wave surfer and entrepreneur Laird Hamilton, the company develops creamers, coffees, hydration mixes and culinary superfood blends designed to deliver energy, focus and nutritional support. Laird Superfood’s offerings leverage premium ingredients such as coconut milk, aquamin sea minerals, functional mushrooms and adaptogens to address growing consumer demand for clean-label, nutrient-rich alternatives.

The company’s core product lines include coconut-based coffee creamers, plant-based creamers, instant coffee blends combined with superfood ingredients, hydration mixes and culinary seasonings.