Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Up 32.1% in November

Stran & Company, Inc. (NASDAQ:SWAG) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 25,100 shares, a growth of 32.1% from the October 31st total of 19,000 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 20,900 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new position in shares of Stran & Company, Inc. (NASDAQ:SWAG) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned about 0.23% of Stran & Company, Inc. as of its most recent SEC filing. Hedge funds and other institutional investors own 56.42% of the company’s stock.

Stran & Company, Inc. Stock Performance

Shares of NASDAQ:SWAG traded up $0.05 during trading on Friday, hitting $1.14. 14,853 shares of the stock were exchanged, compared to its average volume of 12,251. The company’s fifty day simple moving average is $1.13 and its 200-day simple moving average is $1.16. The company has a market capitalization of $21.22 million, a price-to-earnings ratio of -57.00 and a beta of 2.15. Stran & Company, Inc. has a 1-year low of $1.02 and a 1-year high of $1.74.

Stran & Company, Inc. Company Profile

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.