Stran & Company, Inc. (NASDAQ:SWAG) Sees Large Decrease in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 667 shares, a drop of 95.0% from the September 30th total of 13,301 shares. Based on an average trading volume of 18,854 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Stran & Company, Inc. Stock Up 1.0%

Shares of SWAG stock traded up $0.01 during midday trading on Tuesday, reaching $1.35. 400 shares of the stock were exchanged, compared to its average volume of 59,110. Stran & Company, Inc. has a 1 year low of $1.25 and a 1 year high of $3.50. The company’s 50 day moving average is $1.56 and its two-hundred day moving average is $1.81.

Stran & Company, Inc. (NASDAQ:SWAG) last released its earnings results on Tuesday, August 11th. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. The company had revenue of $33.36 million during the quarter, compared to analysts’ expectations of $11.23 million. Stran & Company, Inc. had a return on equity of 0.18% and a net margin of 0.05%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Stran & Company, Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Stran & Company, Inc. currently has a consensus rating of “Hold”.

About Stran & Company, Inc.

Stran & Company, Inc is a promotional products and marketing services company headquartered in Quincy, Massachusetts. The company helps businesses and organizations strengthen their brands through the design, sourcing, production and distribution of branded merchandise and related marketing materials.

Its offerings include apparel, branded gifts, promotional products, packaging, print materials, awards and recognition items, and other customized products. Stran also provides creative services, online company stores, inventory management, warehousing, fulfillment and distribution services to support clients’ marketing and promotional programs.

The company serves customers primarily in the United States across a range of industries, including corporations, educational institutions, nonprofit organizations and other entities.