Dogness (International) Corporation (NASDAQ:DOGZ) Sees Significant Decline in Short Interest

Dogness (International) Corporation (NASDAQ:DOGZ) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 156,258 shares, a decline of 30.8% from the February 26th total of 225,742 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 119,167 shares, the days-to-cover ratio is presently 1.3 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Dogness (International) in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Hedge Funds Weigh In On Dogness (International)

A number of large investors have recently bought and sold shares of the company. Quadrature Capital Ltd lifted its holdings in Dogness (International) by 71.5% in the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock valued at $392,000 after acquiring an additional 15,414 shares during the period. Jane Street Group LLC acquired a new stake in Dogness (International) during the 4th quarter valued at $153,000. Marex Group plc acquired a new position in Dogness (International) in the 4th quarter valued at about $157,000. UBS Group AG raised its position in shares of Dogness (International) by 106,624.5% in the third quarter. UBS Group AG now owns 52,295 shares of the company’s stock valued at $674,000 after buying an additional 52,246 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Dogness (International) in the 3rd quarter valued at $518,000. Hedge funds and other institutional investors own 5.12% of the company’s stock.

Dogness (International) Trading Down 6.8%

Shares of NASDAQ:DOGZ traded down $0.10 during trading hours on Friday, reaching $1.38. The stock had a trading volume of 125,593 shares, compared to its average volume of 91,291. Dogness has a 1 year low of $1.02 and a 1 year high of $31.48. The company has a current ratio of 3.35, a quick ratio of 2.91 and a debt-to-equity ratio of 0.02. The firm’s 50 day moving average is $2.44 and its 200-day moving average is $8.69.

Dogness (International) Company Profile

Dogness (International) Corporation is a provider of pet health and lifestyle products that focuses on smart and interactive solutions for companion animals. The company designs, manufactures and markets a range of pet care products that integrate technology to enhance monitoring, feeding, exercise and enrichment for dogs and cats. Its product portfolio caters to pet owners seeking automated, data-driven tools to support pet well-being and owner convenience.

The company’s offerings include automatic pet feeders and water fountains equipped with programmable schedules, smartphone connectivity and real-time portion controls.