Short Interest in Sow Good Inc. (NASDAQ:SOWG) Increases By 29.4%

Sow Good Inc. (NASDAQ:SOWG) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 159,300 shares, agrowthof29.4% from the July 15th total of 123,100 shares. Based on an average trading volume of 1,550,000 shares, the short-interest ratio is presently 0.1 days. Currently,49.4% of the company’s shares are short sold. Currently,49.4% of the company’s shares are short sold. Based on an average trading volume of 1,550,000 shares, the short-interest ratio is presently 0.1 days.

Sow Good Stock Up 8.5%

Shares of SOWG opened at $0.6860 on Friday. The firm has a market capitalization of $8.39 million, a P/E ratio of -0.52 and a beta of 1.65. Sow Good has a 12-month low of $0.51 and a 12-month high of $14.96. The company has a current ratio of 4.23, a quick ratio of 0.50 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average price of $0.84 and a 200-day moving average price of $1.19.

Sow Good (NASDAQ:SOWG) last released its quarterly earnings data on Thursday, August 14th. The company reported ($0.36) earnings per share for the quarter. Sow Good had a negative return on equity of 46.08% and a negative net margin of 154.31%.The business had revenue of $1.86 million during the quarter. Equities research analysts expect that Sow Good will post -0.18 earnings per share for the current year.

Hedge Funds Weigh In On Sow Good

A hedge fund recently bought a new stake in Sow Good stock. Two Sigma Investments LP purchased a new position in Sow Good Inc. (NASDAQ:SOWG) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 37,321 shares of the company’s stock, valued at approximately $76,000. Two Sigma Investments LP owned 0.36% of Sow Good at the end of the most recent quarter. Institutional investors and hedge funds own 10.74% of the company’s stock.

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.