Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Down 23.9% in February

Stran & Company, Inc. (NASDAQ:SWAG) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 39,900 shares, a drop of 23.9% from the February 13th total of 52,400 shares. Based on an average trading volume of 43,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s shares are short sold.

Stran & Company, Inc. Price Performance

Shares of Stran & Company, Inc. stock opened at $0.94 on Monday. Stran & Company, Inc. has a twelve month low of $0.73 and a twelve month high of $1.57. The stock has a market capitalization of $17.49 million, a P/E ratio of -47.00 and a beta of 2.11. The company has a current ratio of 3.83, a quick ratio of 3.46 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $1.00 and its 200 day moving average price is $1.06.

Stran & Company, Inc. (NASDAQ:SWAG) last issued its quarterly earnings data on Friday, March 7th. The company reported ($0.11) EPS for the quarter. The company had revenue of $20.14 million for the quarter. Stran & Company, Inc. had a return on equity of 0.16% and a net margin of 0.07%.

Institutional Inflows and Outflows

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

Stran & Company, Inc. Company Profile

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.