Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Down 87.5% in August

Dogness (International) Corporation (NASDAQ:DOGZ) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 21,574 shares, a drop of 87.5% from the August 15th total of 172,827 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 51,650 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Dogness (International) in a research report on Thursday, June 18th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Dogness (International) Stock Down 1.8%

Shares of Dogness (International) stock traded down $0.02 during midday trading on Friday, hitting $0.91. 11,534 shares of the company traded hands, compared to its average volume of 44,537. The company has a current ratio of 1.75, a quick ratio of 1.45 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average price is $1.00 and its 200-day moving average price is $1.18. Dogness has a 12 month low of $0.81 and a 12 month high of $15.69.

Institutional Trading of Dogness (International)

A number of hedge funds and other institutional investors have recently modified their holdings of DOGZ. Tower Research Capital LLC TRC increased its holdings in shares of Dogness (International) by 687.5% during the second quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock worth $48,000 after buying an additional 2,578 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Dogness (International) during the 4th quarter valued at $153,000. Marex Group plc bought a new stake in Dogness (International) during the 4th quarter worth $157,000. Quadrature Capital Ltd grew its position in Dogness (International) by 71.5% during the 4th quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after acquiring an additional 15,414 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Dogness (International) in the 3rd quarter worth about $518,000. Institutional investors own 5.12% of the company’s stock.

About Dogness (International)

Dogness (International) Corporation is a provider of pet health and lifestyle products that focuses on smart and interactive solutions for companion animals. The company designs, manufactures and markets a range of pet care products that integrate technology to enhance monitoring, feeding, exercise and enrichment for dogs and cats. Its product portfolio caters to pet owners seeking automated, data-driven tools to support pet well-being and owner convenience.

The company’s offerings include automatic pet feeders and water fountains equipped with programmable schedules, smartphone connectivity and real-time portion controls.