Newton Golf Company, Inc. (NASDAQ:NWTG) Sees Large Increase in Short Interest

Posted by James Quigley on Apr 16th, 2026

Newton Golf Company, Inc. (NASDAQ:NWTG – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 61,176 shares, an increase of 27.5% from the March 15th total of 47,987 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 26,708 shares, the short-interest ratio is presently 2.3 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Newton Golf in a research note on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on NWTG

Hedge Funds Weigh In On Newton Golf

A number of hedge funds have recently bought and sold shares of the company. DRW Securities LLC bought a new position in Newton Golf during the fourth quarter worth $27,000. Geode Capital Management LLC raised its stake in Newton Golf by 45.6% during the fourth quarter. Geode Capital Management LLC now owns 41,530 shares of the company’s stock worth $62,000 after buying an additional 13,001 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Newton Golf during the third quarter worth $28,000. Institutional investors own 0.49% of the company’s stock.

Newton Golf Stock Performance

NWTG stock opened at $1.34 on Thursday. The company has a fifty day moving average price of $1.52 and a 200-day moving average price of $1.56. The company has a market capitalization of $6.15 million, a P/E ratio of -0.77 and a beta of 3.57. Newton Golf has a 52-week low of $0.82 and a 52-week high of $2.57.

Newton Golf Company Profile

(Get Free Report)

Sacks Parente Golf, Inc (“SPG”) is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. In April 2022, in consideration of our growth opportunities in shaft technologies, we expanded our manufacturing business to include advanced premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. We intend to manufacture and assemble substantially all products in the United States.