Stran & Company, Inc. (NASDAQ:SWAG) Stock Short Interest Declines 95.0%

Stran & Company, Inc. (NASDAQ:SWAG) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 667 shares, a drop of 95.0% from the September 30th total of 13,301 shares. Based on an average daily volume of 18,854 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Stran & Company, Inc. Stock Up 3.9%

SWAG stock traded up $0.05 during mid-day trading on Monday, hitting $1.34. The company had a trading volume of 17,450 shares, compared to its average volume of 21,777. Stran & Company, Inc. has a 12-month low of $1.25 and a 12-month high of $3.50. The company has a 50-day moving average price of $1.56 and a 200 day moving average price of $1.81.

Stran & Company, Inc. (NASDAQ:SWAG) last released its quarterly earnings data on Tuesday, August 11th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. The business had revenue of $33.36 million for the quarter, compared to the consensus estimate of $11.23 million. Stran & Company, Inc. had a return on equity of 0.18% and a net margin of 0.05%.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Stran & Company, Inc. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About Stran & Company, Inc.

Stran & Company, Inc is a promotional products and marketing services company headquartered in Quincy, Massachusetts. The company helps businesses and organizations strengthen their brands through the design, sourcing, production and distribution of branded merchandise and related marketing materials.

Its offerings include apparel, branded gifts, promotional products, packaging, print materials, awards and recognition items, and other customized products. Stran also provides creative services, online company stores, inventory management, warehousing, fulfillment and distribution services to support clients’ marketing and promotional programs.

The company serves customers primarily in the United States across a range of industries, including corporations, educational institutions, nonprofit organizations and other entities.