Sow Good Inc. (NASDAQ:SOWG) Short Interest Update

Sow Good Inc. (NASDAQ:SOWG) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 407,833 shares, a growth of 20.5% from the March 15th total of 338,491 shares. Based on an average trading volume of 214,834 shares, the short-interest ratio is currently 1.9 days. Approximately 6.2% of the company’s shares are short sold.

Sow Good Stock Up 3.4%

Shares of NASDAQ SOWG traded up $0.01 during mid-day trading on Friday, hitting $0.31. The company had a trading volume of 49,766 shares, compared to its average volume of 1,392,841. The company has a market capitalization of $4.07 million, a PE ratio of -0.16 and a beta of 2.07. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.55 and a quick ratio of 0.54. Sow Good has a 1-year low of $0.23 and a 1-year high of $2.12. The business’s 50-day simple moving average is $0.43 and its 200 day simple moving average is $0.57.

Sow Good (NASDAQ:SOWG) last announced its quarterly earnings data on Tuesday, March 31st. The company reported ($1.93) earnings per share (EPS) for the quarter. The company had revenue of ($5.89) million during the quarter. Sow Good had a negative net margin of 300.71% and a negative return on equity of 45.33%. On average, analysts predict that Sow Good will post -0.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Sow Good in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Sow Good Company Profile

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.