Sow Good Inc. (NASDAQ:SOWG) Short Interest Up 98.0% in June

Sow Good Inc. (NASDAQ:SOWG) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 153,436 shares, an increase of 98.0% from the June 15th total of 77,481 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 235,286 shares, the short-interest ratio is currently 0.7 days.

Sow Good Stock Performance

NASDAQ SOWG opened at $3.79 on Thursday. The company has a market cap of $76.25 million, a PE ratio of -0.15 and a beta of 1.10. The firm’s 50 day moving average price is $2.52 and its 200-day moving average price is $5.24. Sow Good has a 52-week low of $1.04 and a 52-week high of $31.80.

Sow Good (NASDAQ:SOWG) last issued its quarterly earnings data on Wednesday, May 20th. The company reported ($0.13) EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Sow Good presently has a consensus rating of “Sell”.

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.