Sow Good Inc. (NASDAQ:SOWG) Short Interest Update

Sow Good Inc. (NASDAQ:SOWG) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 77,481 shares, a decrease of 60.9% from the May 31st total of 198,269 shares. Based on an average daily volume of 146,593 shares, the short-interest ratio is presently 0.5 days. Currently, 0.8% of the shares of the stock are short sold.

Sow Good Trading Up 6.1%

Shares of SOWG stock traded up $0.24 during trading hours on Tuesday, hitting $4.17. 136,593 shares of the company’s stock traded hands, compared to its average volume of 235,847. The stock has a market cap of $83.90 million, a PE ratio of -0.17 and a beta of 1.39. The stock’s 50 day simple moving average is $2.08 and its 200 day simple moving average is $5.55. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.11. Sow Good has a 12 month low of $1.04 and a 12 month high of $31.80.

Sow Good (NASDAQ:SOWG) last issued its quarterly earnings data on Wednesday, May 20th. The company reported ($0.13) earnings per share for the quarter. Sow Good had a negative return on equity of 78.61% and a negative net margin of 300.71%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

About Sow Good

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.