Short Interest in Signing Day Sports, Inc. (NYSEAMERICAN:SGN) Drops By 20.0%

Signing Day Sports, Inc. (NYSEAMERICAN:SGN) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 50,700 shares, a decrease of 20.0% from the June 30th total of 63,400 shares. Based on an average trading volume of 338,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.6% of the shares of the stock are sold short.

Signing Day Sports Price Performance

SGN traded down $0.01 during trading on Tuesday, reaching $0.19. The stock had a trading volume of 56,994 shares, compared to its average volume of 292,627. Signing Day Sports has a one year low of $0.17 and a one year high of $5.09.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Signing Day Sports stock. EverSource Wealth Advisors LLC purchased a new stake in shares of Signing Day Sports, Inc. (NYSEAMERICAN:SGN) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,128,500 shares of the company’s stock, valued at approximately $332,000.

About Signing Day Sports

Signing Day Sports, Inc, a technology company, engages in developing and operating platforms to give student-athletes the opportunity to go to college and continue playing sports. The company offers Signing Day Sports, a sports recruitment platform that help athletes get discovered and recruited by coaches and recruiters across the country.