Sow Good Inc. (NASDAQ:SOWG) Short Interest Down 48.4% in December

Sow Good Inc. (NASDAQ:SOWG) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 233,794 shares, a drop of 48.4% from the December 15th total of 453,012 shares. Approximately 3.8% of the shares of the company are sold short. Based on an average daily trading volume, of 128,299 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 128,299 shares, the days-to-cover ratio is presently 1.8 days. Approximately 3.8% of the shares of the company are sold short.

Sow Good Stock Performance

Shares of NASDAQ SOWG opened at $0.79 on Thursday. The stock has a market cap of $9.66 million, a PE ratio of -0.42 and a beta of 1.92. Sow Good has a 1 year low of $0.23 and a 1 year high of $3.20. The firm has a fifty day moving average price of $0.56 and a 200-day moving average price of $0.73. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.06 and a quick ratio of 0.47.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Sow Good in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

About Sow Good

Sow Good Inc is engaged in producing nutritious products in the freeze-dried food industry. Sow Good Inc, formerly known as Black Ridge Oil and Gas Inc, is based in IRVING, Texas.