Sow Good Inc. (NASDAQ:SOWG) Short Interest Down 12.4% in January

Sow Good Inc. (NASDAQ:SOWG) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 407,316 shares, a decline of 12.4% from the January 15th total of 465,188 shares. Based on an average daily volume of 1,691,636 shares, the days-to-cover ratio is currently 0.2 days. Currently, 6.7% of the company’s stock are sold short. Currently, 6.7% of the company’s stock are sold short. Based on an average daily volume of 1,691,636 shares, the days-to-cover ratio is currently 0.2 days.

Sow Good Stock Performance

NASDAQ SOWG opened at $0.45 on Tuesday. The firm has a market cap of $5.44 million, a P/E ratio of -0.24 and a beta of 2.02. Sow Good has a 52-week low of $0.23 and a 52-week high of $3.05. The business’s 50-day moving average price is $0.57 and its 200 day moving average price is $0.68. The company has a quick ratio of 0.47, a current ratio of 4.06 and a debt-to-equity ratio of 0.11.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Sow Good in a research note on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Sow Good Company Profile

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.