Short Interest in Safety Shot, Inc. (NASDAQ:SHOT) Declines By 13.4%

Posted by Amy Steele on Feb 1st, 2025

Safety Shot, Inc. (NASDAQ:SHOT – Get Free Report) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 3,300,000 shares, a drop of 13.4% from the December 31st total of 3,810,000 shares. Based on an average daily trading volume, of 898,700 shares, the short-interest ratio is presently 3.7 days. Currently, 6.4% of the company’s stock are short sold.

Safety Shot Stock Performance

Shares of SHOT traded down $0.04 during trading hours on Friday, hitting $0.47. 310,217 shares of the company were exchanged, compared to its average volume of 912,699. The firm’s 50 day moving average is $0.72 and its 200-day moving average is $0.92. Safety Shot has a 52 week low of $0.45 and a 52 week high of $4.05.

Institutional Investors Weigh In On Safety Shot

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CreativeOne Wealth LLC bought a new position in shares of Safety Shot in the third quarter valued at approximately $27,000. Tyler Stone Wealth Management grew its stake in Safety Shot by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 34,200 shares of the company’s stock valued at $42,000 after buying an additional 17,100 shares during the last quarter. Total Investment Management Inc. bought a new position in Safety Shot in the 3rd quarter worth $49,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Safety Shot during the 4th quarter worth $74,000. Finally, State Street Corp boosted its holdings in Safety Shot by 40.5% during the third quarter. State Street Corp now owns 146,100 shares of the company’s stock valued at $178,000 after acquiring an additional 42,100 shares during the period. 12.55% of the stock is currently owned by institutional investors and hedge funds.

About Safety Shot

(Get Free Report)

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.