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

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 39,900 shares, a decrease of 23.9% from the February 13th total of 52,400 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 43,700 shares, the days-to-cover ratio is currently 0.9 days.

Stran & Company, Inc. Stock Down 2.6 %

NASDAQ SWAG opened at $0.88 on Wednesday. The business has a fifty day moving average price of $1.00 and a 200 day moving average price of $1.06. Stran & Company, Inc. has a one year low of $0.73 and a one year high of $1.57. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.46 and a current ratio of 3.83. The company has a market cap of $16.38 million, a P/E ratio of -44.00 and a beta of 2.11.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB acquired a new stake in Stran & Company, Inc. (NASDAQ:SWAG) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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 SEC. Institutional investors own 56.42% of the company’s stock.

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.