Sow Good Inc. (NASDAQ:SOWG) Short Interest Update

Sow Good Inc. (NASDAQ:SOWG) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 407,833 shares, a growth of 20.5% from the March 15th total of 338,491 shares. Currently, 6.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 214,834 shares, the short-interest ratio is currently 1.9 days.

Sow Good Stock Up 3.3%

SOWG stock opened at $0.30 on Friday. The stock has a market capitalization of $4.06 million, a P/E ratio of -0.16 and a beta of 2.07. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 0.11. Sow Good has a 12 month low of $0.23 and a 12 month high of $2.12. The firm has a 50-day moving average price of $0.42 and a 200-day moving average price of $0.57.

Sow Good (NASDAQ:SOWG) last posted its earnings results on Tuesday, March 31st. The company reported ($1.93) EPS for the quarter. The company had revenue of ($5.89) million during the quarter. Sow Good had a negative return on equity of 45.33% and a negative net margin of 300.71%. As a group, equities research analysts anticipate that Sow Good will post -0.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sow Good in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Sow Good currently 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.