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

Dogness (International) Corporation (NASDAQ:DOGZ) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 472,884 shares, an increase of 103.3% from the January 15th total of 232,562 shares. Approximately 4.8% of the shares of the stock are short sold. Based on an average daily volume of 2,606,520 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 2,606,520 shares, the days-to-cover ratio is presently 0.2 days. Approximately 4.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in shares of Dogness (International) during the fourth quarter worth $153,000. Marex Group plc acquired a new stake in Dogness (International) in the 4th quarter worth about $157,000. UBS Group AG grew its holdings in Dogness (International) by 106,624.5% in the 3rd quarter. UBS Group AG now owns 52,295 shares of the company’s stock valued at $674,000 after buying an additional 52,246 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of Dogness (International) during the 3rd quarter valued at about $518,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Dogness (International) by 687.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock worth $48,000 after acquiring an additional 2,578 shares during the period. Hedge funds and other institutional investors own 5.12% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Dogness (International) Trading Up 3.9%

DOGZ opened at $1.33 on Friday. The business’s fifty day simple moving average is $8.13 and its 200 day simple moving average is $10.70. Dogness has a 52 week low of $1.02 and a 52 week high of $34.88. The company has a quick ratio of 2.91, a current ratio of 3.35 and a debt-to-equity ratio of 0.02.

Dogness (International) (NASDAQ:DOGZ) last released 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.

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.