BranchOut Food Inc. (NASDAQ:BOF – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 113,800 shares, a decline of 25.9% from the September 30th total of 153,500 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average daily volume of 6,970,000 shares, the short-interest ratio is currently 0.0 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in BranchOut Food stock. Greenwood Gearhart Inc. bought a new stake in BranchOut Food Inc. (NASDAQ:BOF – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 94,949 shares of the company’s stock, valued at approximately $66,000. Greenwood Gearhart Inc. owned about 2.23% of BranchOut Food at the end of the most recent quarter. Institutional investors own 2.59% of the company’s stock.
BranchOut Food Price Performance
Shares of BranchOut Food stock traded down $0.04 on Tuesday, hitting $1.65. The company’s stock had a trading volume of 100,525 shares, compared to its average volume of 2,898,111. BranchOut Food has a 52-week low of $0.61 and a 52-week high of $4.11. The company has a quick ratio of 1.80, a current ratio of 2.02 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average price of $1.81 and a 200-day moving average price of $1.47. The company has a market capitalization of $7.03 million, a P/E ratio of -1.18 and a beta of 0.74.
About BranchOut Food
BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.
See Also
- Five stocks we like better than BranchOut Food
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Is McDonald’s Stock a Smart Buy After Sell-Off and Earnings?
- How to Use the MarketBeat Stock Screener
- QuantumScape: Solid State EV Batteries Nearing Commercialization
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- MicroStrategy: Is This Bitcoin-Powered Stock a Buy or a Gamble?
Receive News & Ratings for BranchOut Food Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BranchOut Food and related companies with MarketBeat.com's FREE daily email newsletter.