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

Sow Good Inc. (NASDAQ:SOWG) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 246,833 shares, an increase of 142.2% from the April 30th total of 101,912 shares. Currently, 56.4% of the shares of the company are sold short. Based on an average trading volume of 1,121,594 shares, the short-interest ratio is currently 0.2 days.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Sow Good Stock Performance

Sow Good stock traded down $0.01 during midday trading on Friday, reaching $1.57. The stock had a trading volume of 29,258 shares, compared to its average volume of 681,087. The firm has a market capitalization of $31.59 million, a PE ratio of -0.06 and a beta of 1.43. Sow Good has a 12 month low of $1.04 and a 12 month high of $31.80. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.11. The firm’s 50-day moving average price is $3.70 and its 200 day moving average price is $6.60.

Sow Good (NASDAQ:SOWG) last issued its earnings results on Wednesday, May 20th. The company reported ($0.13) earnings per share for the quarter. Sow Good had a negative return on equity of 78.61% and a negative net margin of 300.71%.

About Sow Good

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.