Sacks Parente Golf, Inc. (NASDAQ:SPGC) Short Interest Down 28.1% in April

Sacks Parente Golf, Inc. (NASDAQ:SPGC) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 61,900 shares, a decline of 28.1% from the March 31st total of 86,100 shares. Based on an average trading volume of 63,600 shares, the short-interest ratio is presently 1.0 days. Currently, 1.0% of the company’s stock are short sold.

Sacks Parente Golf Trading Down 1.9 %

Shares of SPGC traded down $0.01 during trading hours on Friday, hitting $0.42. The company had a trading volume of 502 shares, compared to its average volume of 35,037. The company has a market capitalization of $6.09 million and a PE ratio of -1.13. Sacks Parente Golf has a one year low of $0.36 and a one year high of $30.00. The company’s fifty day moving average price is $0.58 and its two-hundred day moving average price is $0.68.

Sacks Parente Golf (NASDAQ:SPGC) last released its quarterly earnings results on Monday, March 18th. The company reported ($0.14) EPS for the quarter. The company had revenue of $0.12 million during the quarter. Sacks Parente Golf had a negative return on equity of 236.79% and a negative net margin of 1,325.21%.

Sacks Parente Golf Company Profile

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.