Sow Good Inc. (NASDAQ:SOWG) Short Interest Down 48.4% in December

Sow Good Inc. (NASDAQ:SOWG) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 233,794 shares, a decline of 48.4% from the December 15th total of 453,012 shares. Currently, 3.8% of the company’s stock are short sold. Based on an average daily trading volume, of 128,299 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 128,299 shares, the days-to-cover ratio is presently 1.8 days. Currently, 3.8% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sow Good in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Sow Good Stock Up 21.7%

Shares of NASDAQ:SOWG traded up $0.17 on Friday, reaching $0.97. The company had a trading volume of 15,101,020 shares, compared to its average volume of 5,827,807. The stock has a market capitalization of $11.85 million, a P/E ratio of -0.51 and a beta of 1.92. The stock has a 50-day moving average price of $0.56 and a 200 day moving average price of $0.73. Sow Good has a twelve month low of $0.23 and a twelve month high of $3.20. The company has a quick ratio of 0.47, a current ratio of 4.06 and a debt-to-equity ratio of 0.11.

Sow Good Company Profile

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.