Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Update

Stran & Company, Inc. (NASDAQ:SWAG) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 2,852 shares, a drop of 42.1% from the August 15th total of 4,923 shares. Based on an average daily volume of 39,296 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered Stran & Company, Inc. from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, September 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Stran & Company, Inc. has an average rating of “Sell”.

Stran & Company, Inc. Trading Down 3.0%

Shares of NASDAQ SWAG traded down $0.05 during trading hours on Wednesday, hitting $1.59. 15,103 shares of the stock were exchanged, compared to its average volume of 65,746. Stran & Company, Inc. has a 12 month low of $1.50 and a 12 month high of $3.50. The firm has a fifty day moving average price of $1.90 and a 200-day moving average price of $1.87.

Stran & Company, Inc. (NASDAQ:SWAG) last announced its earnings results on Tuesday, August 11th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. Stran & Company, Inc. had a net margin of 0.05% and a return on equity of 0.18%. The company had revenue of $33.36 million during the quarter, compared to the consensus estimate of $11.23 million.

Stran & Company, Inc. Company Profile

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.