Short Interest in Dogness (International) Corporation (NASDAQ:DOGZ) Rises By 103.3%

Dogness (International) Corporation (NASDAQ:DOGZ) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 472,884 shares, a growth of 103.3% from the January 15th total of 232,562 shares. Based on an average daily trading volume, of 2,606,520 shares, the short-interest ratio is presently 0.2 days. Currently, 4.8% of the shares of the company are sold short. Currently, 4.8% of the shares of the company are sold short. Based on an average daily trading volume, of 2,606,520 shares, the short-interest ratio is presently 0.2 days.

Dogness (International) Stock Up 11.3%

Shares of NASDAQ DOGZ opened at $1.48 on Friday. The stock’s 50-day simple moving average is $7.93 and its two-hundred day simple moving average is $10.66. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.91 and a current ratio of 3.35. Dogness has a twelve month low of $1.02 and a twelve month high of $34.53.

Dogness (International) (NASDAQ:DOGZ) last announced its earnings results on Friday, October 17th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $4.31 million for the quarter.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Wall Street Zen lowered Dogness (International) from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Dogness (International) in a report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Dogness (International) has a consensus rating of “Sell”.

Institutional Investors Weigh In On Dogness (International)

Large investors have recently added to or reduced their stakes in the company. UBS Group AG raised its stake in shares of Dogness (International) by 106,624.5% during the third quarter. UBS Group AG now owns 52,295 shares of the company’s stock valued at $674,000 after acquiring an additional 52,246 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in Dogness (International) during the 3rd quarter valued at about $518,000. Marex Group plc bought a new position in Dogness (International) during the 4th quarter valued at approximately $157,000. Jane Street Group LLC purchased a new stake in Dogness (International) in the 4th quarter worth approximately $153,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Dogness (International) by 687.5% in the 2nd 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 during the last quarter. Hedge funds and other 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.