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

Stran & Company, Inc. (NASDAQ:SWAG) was the recipient of a significant decrease in short interest during 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. Based on an average daily trading volume, of 43,700 shares, the short-interest ratio is currently 0.9 days. Currently, 0.4% of the shares of the company are sold short.

Stran & Company, Inc. Price Performance

Shares of NASDAQ SWAG opened at $0.88 on Wednesday. The business’s 50 day moving average price is $1.00 and its 200 day moving average price is $1.06. The firm has a market cap of $16.38 million, a P/E ratio of -44.00 and a beta of 2.11. Stran & Company, Inc. has a 52 week low of $0.73 and a 52 week high of $1.57. The company has a quick ratio of 3.46, a current ratio of 3.83 and a debt-to-equity ratio of 0.02.

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

Institutional Investors Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new position in shares of Stran & Company, Inc. (NASDAQ:SWAG) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned 0.23% of Stran & Company, Inc. at the end of the most recent reporting period. Hedge funds and other institutional investors own 56.42% of the company’s stock.

About Stran & Company, Inc.

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.