Laird Superfood, Inc. (NYSEAMERICAN:LSF) Short Interest Up 45.9% in February

Laird Superfood, Inc. (NYSEAMERICAN:LSF) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 125,998 shares, an increase of 45.9% from the February 12th total of 86,368 shares. Based on an average daily trading volume, of 41,659 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.5% of the company’s shares are short sold. Approximately 1.5% of the company’s shares are short sold. Based on an average daily trading volume, of 41,659 shares, the days-to-cover ratio is presently 3.0 days.

Laird Superfood Stock Down 4.0%

Shares of LSF stock opened at $2.40 on Monday. Laird Superfood has a 52 week low of $1.98 and a 52 week high of $7.94. The firm has a 50 day moving average of $2.80 and a 200-day moving average of $3.67. The company has a market cap of $25.66 million, a price-to-earnings ratio of -13.33 and a beta of 2.42.

Hedge Funds Weigh In On Laird Superfood

Several institutional investors have recently made changes to their positions in LSF. Acadian Asset Management LLC grew its stake in shares of Laird Superfood by 75.3% in the 1st quarter. Acadian Asset Management LLC now owns 46,104 shares of the company’s stock valued at $282,000 after buying an additional 19,806 shares during the period. Geode Capital Management LLC raised its stake in Laird Superfood by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 85,300 shares of the company’s stock worth $538,000 after buying an additional 2,483 shares during the period. XTX Topco Ltd bought a new position in Laird Superfood in the second quarter worth approximately $102,000. Archon Capital Management LLC boosted its holdings in Laird Superfood by 8.9% in the second quarter. Archon Capital Management LLC now owns 88,340 shares of the company’s stock worth $557,000 after acquiring an additional 7,184 shares in the last quarter. Finally, AWM Investment Company Inc. grew its stake in Laird Superfood by 33.2% in the second quarter. AWM Investment Company Inc. now owns 599,411 shares of the company’s stock valued at $3,776,000 after acquiring an additional 149,519 shares during the period. Institutional investors and hedge funds own 8.56% of the company’s stock.

About Laird Superfood

Laird Superfood, Inc (NYSE American: LSF) is a consumer wellness company specializing in plant-based superfood and functional beverage products. Founded in 2015 by big-wave surfer and entrepreneur Laird Hamilton, the company develops creamers, coffees, hydration mixes and culinary superfood blends designed to deliver energy, focus and nutritional support. Laird Superfood’s offerings leverage premium ingredients such as coconut milk, aquamin sea minerals, functional mushrooms and adaptogens to address growing consumer demand for clean-label, nutrient-rich alternatives.

The company’s core product lines include coconut-based coffee creamers, plant-based creamers, instant coffee blends combined with superfood ingredients, hydration mixes and culinary seasonings.