Short Interest in Stran & Company, Inc. (NASDAQ:SWAGW) Declines By 23.0%

Stran & Company, Inc. (NASDAQ:SWAGW) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 13,562 shares, a decline of 23.0% from the March 15th total of 17,606 shares. Based on an average daily volume of 2,280 shares, the short-interest ratio is presently 5.9 days.

Stran & Company, Inc. Price Performance

NASDAQ:SWAGW traded up $0.01 during mid-day trading on Friday, hitting $0.03. 13,226 shares of the stock traded hands, compared to its average volume of 8,835. The business’s 50-day moving average price is $0.06 and its 200 day moving average price is $0.08. Stran & Company, Inc. has a 12-month low of $0.01 and a 12-month high of $0.46.

Stran & Company, Inc. Company Profile

Stran & Company, Inc (NASDAQ: SWAGW) is a special purpose acquisition company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets. The company does not engage in any operations other than identifying and evaluating potential acquisition targets.

Stran & Company focuses on industries across North America, leveraging its management team’s experience in finance, operations and strategic planning to structure and negotiate business combinations.