Short Interest in Sow Good Inc. (NASDAQ:SOWG) Increases By 142.2%

Sow Good Inc. (NASDAQ:SOWG) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 246,833 shares, a growth of 142.2% from the April 30th total of 101,912 shares. Approximately 56.4% of the shares of the company are sold short. Based on an average daily volume of 1,121,594 shares, the short-interest ratio is currently 0.2 days.

Sow Good Stock Up 0.6%

SOWG stock opened at $1.58 on Tuesday. Sow Good has a twelve month low of $1.04 and a twelve month high of $31.80. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.11. The stock has a market cap of $31.79 million, a P/E ratio of -0.06 and a beta of 1.43. The business’s 50-day moving average price is $3.59 and its 200-day moving average price is $6.53.

Sow Good (NASDAQ:SOWG) last posted its quarterly earnings data on Wednesday, May 20th. The company reported ($0.13) earnings per share for the quarter. Sow Good had a negative net margin of 300.71% and a negative return on equity of 78.61%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Sow Good from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Sow Good presently has a consensus rating of “Sell”.

Sow Good Company Profile

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.