Stran & Company, Inc. (NASDAQ:SWAG) Sees Large Drop in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 36,500 shares, a drop of 15.3% from the March 31st total of 43,100 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 21,600 shares, the short-interest ratio is presently 1.7 days.

Analyst Ratings Changes

Separately, TheStreet raised Stran & Company, Inc. from a “d+” rating to a “c-” rating in a research report on Tuesday, February 6th.

Stran & Company, Inc. Stock Performance

SWAG opened at $1.14 on Monday. Stran & Company, Inc. has a 1 year low of $0.91 and a 1 year high of $1.74. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.94 and a quick ratio of 2.55. The stock has a fifty day moving average price of $1.38 and a 200 day moving average price of $1.38.

Stran & Company, Inc. (NASDAQ:SWAG) last released its quarterly earnings data on Thursday, March 28th. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $23.34 million during the quarter. Stran & Company, Inc. had a return on equity of 0.09% and a net margin of 0.05%.

Stran & Company, Inc. Company Profile

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.