Sow Good Inc. (OTCMKTS:SOWG) Sees Large Increase in Short Interest

Sow Good Inc. (OTCMKTS:SOWG) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 3,500 shares, a growth of 66.7% from the February 29th total of 2,100 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 1.5 days.

Sow Good Trading Up 4.5 %

Shares of OTCMKTS SOWG traded up $0.45 during midday trading on Thursday, hitting $10.50. The stock had a trading volume of 23,516 shares, compared to its average volume of 2,658. The company’s 50-day simple moving average is $8.22 and its 200 day simple moving average is $7.96. The firm has a market cap of $63.63 million, a P/E ratio of -15.00 and a beta of 2.04. Sow Good has a fifty-two week low of $1.06 and a fifty-two week high of $10.50. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.77 and a quick ratio of 1.33.

Sow Good (OTCMKTS:SOWG) last released its earnings results on Friday, March 22nd. The company reported $0.23 EPS for the quarter. The company had revenue of $9.52 million during the quarter. Sow Good had a negative return on equity of 91.69% and a negative net margin of 19.05%.

About Sow Good

Sow Good Inc produces and sells freeze-dried snacks, smoothies, soups, and granola in the United States. It provides freeze-dried candy products. The company markets its products through direct-to-consumer focused websites, as well as through the business-to-business sales channels. It offers its products under the Sow Good and Sustain Us brands.