Short Interest in S&W Seed (NASDAQ:SANW) Expands By 45.9%

S&W Seed (NASDAQ:SANW) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 14,300 shares, an increase of 45.9% from the October 31st total of 9,800 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 26,400 shares, the short-interest ratio is currently 0.5 days.

S&W Seed Price Performance

NASDAQ:SANW traded down $0.49 during mid-day trading on Friday, reaching $7.05. The company’s stock had a trading volume of 95,491 shares, compared to its average volume of 77,928. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.36. The firm’s fifty day moving average price is $3.83 and its two-hundred day moving average price is $5.14. S&W Seed has a 12-month low of $2.10 and a 12-month high of $14.25.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Friday, November 1st. The company reported ($2.95) earnings per share for the quarter. The company had revenue of $14.82 million for the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%.

Wall Street Analyst Weigh In

SANW has been the subject of several analyst reports. StockNews.com started coverage on shares of S&W Seed in a research report on Monday, November 25th. They set a “sell” rating for the company. Lake Street Capital lifted their target price on S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th.

About S&W Seed

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. The company also offers sunflower, stevia, camelina, wheat, and pasture seeds. It sells its seeds to distributors and dealers in 40 countries. The company was founded in 1980 and is headquartered in Longmont, Colorado.