Newton Golf Company, Inc. (NASDAQ:NWTG) Short Interest Down 32.8% in April

Posted by Patrick Bannon on Apr 30th, 2026

Newton Golf Company, Inc. (NASDAQ:NWTG – Get Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totaling 41,132 shares, a decrease of 32.8% from the March 31st total of 61,176 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average trading volume of 41,186 shares, the days-to-cover ratio is currently 1.0 days.

Newton Golf Stock Performance

NWTG stock traded down $0.11 on Thursday, reaching $1.20. The company’s stock had a trading volume of 224,509 shares, compared to its average volume of 34,167. The firm has a market cap of $5.51 million, a PE ratio of -0.69 and a beta of 3.57. The business has a fifty day simple moving average of $1.47 and a two-hundred day simple moving average of $1.52. Newton Golf has a 12-month low of $0.82 and a 12-month high of $2.57.

Institutional Investors Weigh In On Newton Golf

Institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC boosted its stake in shares of Newton Golf by 45.6% during the 4th quarter. Geode Capital Management LLC now owns 41,530 shares of the company’s stock valued at $62,000 after purchasing an additional 13,001 shares in the last quarter. DRW Securities LLC bought a new position in Newton Golf in the fourth quarter worth about $27,000. Finally, Virtu Financial LLC purchased a new stake in Newton Golf in the third quarter worth about $28,000. 0.49% of the stock is owned by hedge funds and other institutional investors.

Newton Golf Company Profile

(Get Free Report)

Sacks Parente Golf, Inc (“SPG”) is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. In April 2022, in consideration of our growth opportunities in shaft technologies, we expanded our manufacturing business to include advanced premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, MO. We intend to manufacture and assemble substantially all products in the United States.