Sacks Parente Golf, Inc. (NASDAQ:SPGC) Short Interest Down 28.1% in April

Sacks Parente Golf, Inc. (NASDAQ:SPGC) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 61,900 shares, a decline of 28.1% from the March 31st total of 86,100 shares. Based on an average daily volume of 63,600 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the shares of the company are short sold.

Sacks Parente Golf Stock Performance

Shares of NASDAQ:SPGC traded up $0.01 during trading on Monday, reaching $0.43. The company had a trading volume of 3,244 shares, compared to its average volume of 55,744. The firm’s fifty day moving average is $0.58 and its 200 day moving average is $0.67. The firm has a market capitalization of $6.28 million and a PE ratio of -1.16. Sacks Parente Golf has a twelve month low of $0.36 and a twelve month high of $30.00.

Sacks Parente Golf (NASDAQ:SPGC) last released its earnings results on Monday, March 18th. The company reported ($0.14) earnings per share for the quarter. Sacks Parente Golf had a negative return on equity of 236.79% and a negative net margin of 1,325.21%. The firm had revenue of $0.12 million during the quarter.

Sacks Parente Golf Company Profile

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.