Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Up 160.2% in December

Dogness (International) Corporation (NASDAQ:DOGZ) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 78,775 shares, a growth of 160.2% from the November 30th total of 30,277 shares. Based on an average daily trading volume, of 123,876 shares, the short-interest ratio is presently 0.6 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 123,876 shares, the short-interest ratio is presently 0.6 days.

Dogness (International) Trading Down 0.2%

Shares of DOGZ traded down $0.03 during midday trading on Friday, reaching $10.15. The stock had a trading volume of 18,630 shares, compared to its average volume of 282,304. The firm has a 50 day simple moving average of $11.58 and a 200-day simple moving average of $13.30. Dogness has a one year low of $6.81 and a one year high of $49.00. 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 (International) (NASDAQ:DOGZ) last issued its earnings results on Friday, October 17th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $4.31 million for the quarter.

Institutional Investors Weigh In On Dogness (International)

Large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC lifted its holdings in Dogness (International) by 687.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock valued at $48,000 after purchasing an additional 2,578 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Dogness (International) in the third quarter valued at $518,000. Finally, UBS Group AG raised its position in shares of Dogness (International) by 106,624.5% in the third quarter. UBS Group AG now owns 52,295 shares of the company’s stock valued at $674,000 after purchasing an additional 52,246 shares during the period. Institutional investors own 5.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Dogness (International) in a report on Wednesday, October 8th. Wall Street Zen cut Dogness (International) from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Dogness (International) has a consensus rating of “Sell”.

Dogness (International) Company Profile

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.