Laird Superfood, Inc. (NYSEAMERICAN:LSF) Short Interest Update

Laird Superfood, Inc. (NYSEAMERICAN:LSF) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 46,000 shares, a decrease of 41.5% from the February 28th total of 78,600 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 81,700 shares, the short-interest ratio is currently 0.6 days.

Laird Superfood Trading Down 10.3 %

LSF traded down $0.72 during mid-day trading on Friday, reaching $6.28. 128,947 shares of the company traded hands, compared to its average volume of 138,775. Laird Superfood has a 52-week low of $1.90 and a 52-week high of $10.90. The firm has a market cap of $64.62 million, a PE ratio of -44.85 and a beta of 2.27.

Insider Buying and Selling

In other news, CEO Jason D. Vieth acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were bought at an average cost of $5.37 per share, with a total value of $53,700.00. Following the transaction, the chief executive officer now owns 684,969 shares of the company’s stock, valued at $3,678,283.53. This trade represents a 1.48 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 15.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Laird Superfood

A number of institutional investors have recently bought and sold shares of the business. XTX Topco Ltd raised its stake in Laird Superfood by 41.6% during the third quarter. XTX Topco Ltd now owns 15,957 shares of the company’s stock valued at $79,000 after purchasing an additional 4,690 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Laird Superfood by 29.3% in the 3rd quarter. Geode Capital Management LLC now owns 80,253 shares of the company’s stock valued at $398,000 after purchasing an additional 18,187 shares during the last quarter. Finley Financial LLC bought a new position in shares of Laird Superfood during the 4th quarter valued at approximately $186,000. Hillsdale Investment Management Inc. purchased a new stake in Laird Superfood during the 4th quarter valued at $101,000. Finally, Renaissance Technologies LLC lifted its position in Laird Superfood by 20.0% in the fourth quarter. Renaissance Technologies LLC now owns 313,800 shares of the company’s stock worth $2,473,000 after buying an additional 52,300 shares during the last quarter. Hedge funds and other institutional investors own 8.56% of the company’s stock.

Laird Superfood Company Profile

Laird Superfood, Inc manufactures and markets plant-based natural and functional food in the United States. The company provides powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products; performance mushroom supplements; functional, organic roasted, and instant coffee, tea, hot chocolate products; harvest snacks; and other food items.