Short Interest in Dogness (International) Co. (NASDAQ:DOGZ) Drops By 43.9%

Dogness (International) Co. (NASDAQ:DOGZ) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 68,500 shares, a drop of 43.9% from the February 29th total of 122,100 shares. Currently, 4.2% of the company’s stock are sold short. Based on an average daily volume of 265,500 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in DOGZ. Bank of America Corp DE acquired a new stake in shares of Dogness (International) in the 1st quarter worth about $31,000. Jane Street Group LLC purchased a new stake in shares of Dogness (International) in the third quarter worth approximately $33,000. Virtu Financial LLC bought a new position in shares of Dogness (International) in the second quarter valued at approximately $68,000. Finally, Renaissance Technologies LLC boosted its position in shares of Dogness (International) by 18.0% during the first quarter. Renaissance Technologies LLC now owns 63,900 shares of the company’s stock valued at $384,000 after buying an additional 9,762 shares during the last quarter. 5.12% of the stock is owned by institutional investors.

Dogness (International) Price Performance

NASDAQ DOGZ traded up $0.83 during mid-day trading on Thursday, hitting $5.81. The company’s stock had a trading volume of 42,924 shares, compared to its average volume of 262,355. The company’s 50 day simple moving average is $5.32 and its 200 day simple moving average is $3.39. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.22 and a current ratio of 1.50. Dogness has a twelve month low of $2.79 and a twelve month high of $23.60.

Dogness (International) Company Profile

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.