Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Update

Stran & Company, Inc. (NASDAQ:SWAG) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 39,900 shares, a drop of 23.9% from the February 13th total of 52,400 shares. Based on an average daily volume of 43,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s stock are sold short.

Stran & Company, Inc. Stock Down 0.4 %

SWAG stock traded down $0.00 during trading on Tuesday, reaching $0.90. 1,349 shares of the company traded hands, compared to its average volume of 26,591. Stran & Company, Inc. has a 12 month low of $0.73 and a 12 month high of $1.57. The business has a 50 day simple moving average of $1.00 and a 200 day simple moving average of $1.06. The company has a market capitalization of $16.75 million, a price-to-earnings ratio of -45.00 and a beta of 2.11. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.46 and a current ratio of 3.83.

Stran & Company, Inc. (NASDAQ:SWAG) last issued its quarterly earnings results on Friday, March 7th. The company reported ($0.11) earnings per share for the quarter. The business had revenue of $20.14 million during the quarter. Stran & Company, Inc. had a return on equity of 0.16% and a net margin of 0.07%.

Institutional Investors Weigh In On Stran & Company, Inc.

An institutional investor recently raised its position in Stran & Company, Inc. stock. Renaissance Technologies LLC grew its holdings in Stran & Company, Inc. (NASDAQ:SWAG) by 118.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 73,384 shares of the company’s stock after acquiring an additional 39,753 shares during the quarter. Renaissance Technologies LLC owned 0.39% of Stran & Company, Inc. worth $66,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 56.42% of the company’s stock.

Stran & Company, Inc. Company Profile

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.