Sow Good Inc. (NASDAQ:SOWG) Sees Significant Growth in Short Interest

Sow Good Inc. (NASDAQ:SOWG) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 153,436 shares, a growth of 98.0% from the June 15th total of 77,481 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 235,286 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

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

Sow Good Trading Down 3.6%

Shares of NASDAQ SOWG opened at $3.47 on Friday. Sow Good has a 12-month low of $1.04 and a 12-month high of $31.80. The stock’s fifty day simple moving average is $2.61 and its two-hundred day simple moving average is $5.20. The stock has a market capitalization of $69.82 million, a PE ratio of -0.14 and a beta of 1.10.

Sow Good (NASDAQ:SOWG) last released its quarterly earnings results on Wednesday, May 20th. The company reported ($0.13) EPS for the quarter.

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.