SPAR Group, Inc. (NASDAQ:SGRP) Short Interest Down 29.6% in February

SPAR Group, Inc. (NASDAQ:SGRP) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 24,475 shares, a decrease of 29.6% from the January 29th total of 34,746 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 29,819 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 29,819 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

SPAR Group Price Performance

SGRP traded up $0.03 during midday trading on Monday, hitting $0.81. The company had a trading volume of 2,250 shares, compared to its average volume of 25,515. SPAR Group has a twelve month low of $0.73 and a twelve month high of $1.60. The company has a market capitalization of $19.40 million, a PE ratio of -11.57 and a beta of 0.10. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.20 and a current ratio of 1.20. The firm’s 50-day simple moving average is $0.81 and its 200-day simple moving average is $0.96.

Insider Buying and Selling at SPAR Group

In other SPAR Group news, CFO Steven Michael Hennen bought 55,000 shares of the stock in a transaction dated Friday, December 19th. The stock was bought at an average cost of $0.78 per share, for a total transaction of $42,900.00. Following the completion of the purchase, the chief financial officer owned 55,000 shares in the company, valued at $42,900. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 50.92% of the company’s stock.

SPAR Group Company Profile

SPAR Group, Inc is a U.S.-based provider of retail merchandising and business services to consumer packaged goods companies. Through its nationwide network of local merchandisers, the company delivers in-store product stocking, planogram compliance, retail audits and promotional installations. SPAR Group’s field teams work directly in grocery, pharmacy, big‐box and convenience channels to ensure optimal product placement and availability at the point of sale.

Beyond traditional merchandising, SPAR Group offers retail data collection and analytics to help clients monitor shelf conditions, pricing accuracy and inventory levels across multiple retail outlets.