Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Update

Dogness (International) Corporation (NASDAQ:DOGZ) saw a large increase in short interest in December. As of December 31st, there was short interest totaling 148,181 shares, an increase of 88.1% from the December 15th total of 78,775 shares. Based on an average daily trading volume, of 252,575 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.5% of the company’s stock are short sold. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 252,575 shares, the days-to-cover ratio is presently 0.6 days.

Dogness (International) Trading Down 0.1%

NASDAQ DOGZ traded down $0.01 during trading on Thursday, hitting $11.29. The company’s stock had a trading volume of 80,998 shares, compared to its average volume of 744,391. Dogness has a 52 week low of $6.81 and a 52 week high of $48.30. The firm has a 50 day moving average price of $11.02 and a 200 day moving average price of $11.48. 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 announced its quarterly earnings data 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.

Analysts Set New Price Targets

DOGZ has been the subject of several recent research reports. Wall Street Zen cut Dogness (International) from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Dogness (International) in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Dogness (International) presently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its holdings 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 in the last quarter. BNP Paribas Financial Markets acquired a new stake in Dogness (International) in the 3rd quarter valued at $518,000. Finally, UBS Group AG grew its position in 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 acquiring an additional 52,246 shares during the period. 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.