Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Up 60.9% in December

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 32,500 shares, an increase of 60.9% from the November 30th total of 20,200 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 25,500 shares, the days-to-cover ratio is currently 1.3 days.

Stran & Company, Inc. Stock Down 1.0 %

Shares of NASDAQ SWAG traded down $0.01 during midday trading on Friday, reaching $0.95. The company had a trading volume of 133,317 shares, compared to its average volume of 23,556. The stock has a market cap of $17.66 million, a PE ratio of -47.46 and a beta of 2.12. Stran & Company, Inc. has a one year low of $0.80 and a one year high of $1.74. The firm’s fifty day moving average price is $1.07 and its 200-day moving average price is $1.13.

Hedge Funds Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new position in Stran & Company, Inc. (NASDAQ:SWAG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned about 0.23% of Stran & Company, Inc. as of its most recent filing with the Securities & Exchange Commission. 56.42% of the stock is owned by institutional investors.

Stran & Company, Inc. Company Profile

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.