Stryve Foods, Inc. (NASDAQ:SNAX) Short Interest Down 41.2% in January

Stryve Foods, Inc. (NASDAQ:SNAX) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 62,600 shares, a decrease of 41.2% from the December 31st total of 106,500 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average daily volume of 141,500 shares, the days-to-cover ratio is presently 0.4 days.

Stryve Foods Price Performance

Shares of SNAX stock traded up $0.02 during mid-day trading on Friday, hitting $0.74. 12,937 shares of the company’s stock were exchanged, compared to its average volume of 54,845. Stryve Foods has a fifty-two week low of $0.55 and a fifty-two week high of $2.33. The stock has a 50-day simple moving average of $0.75 and a two-hundred day simple moving average of $1.17.

Institutional Trading of Stryve Foods

An institutional investor recently bought a new position in Stryve Foods stock. CWA Asset Management Group LLC acquired a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned 6.91% of Stryve Foods at the end of the most recent reporting period. 40.28% of the stock is owned by institutional investors.

About Stryve Foods

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.