Dogness (International) Co. (NASDAQ:DOGZ) Short Interest Down 6.8% in January

Dogness (International) Co. (NASDAQ:DOGZ) was the recipient of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 376,700 shares, a drop of 6.8% from the January 15th total of 404,400 shares. Currently, 22.7% of the company’s stock are sold short. Based on an average trading volume of 202,500 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Dogness (International) stock. JPMorgan Chase & Co. increased its holdings in shares of Dogness (International) Co. (NASDAQ:DOGZ) by 227.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,842 shares of the company’s stock after acquiring an additional 6,139 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.07% of Dogness (International) worth $402,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 5.12% of the company’s stock.

Dogness (International) Price Performance

Shares of NASDAQ:DOGZ traded down $0.69 during mid-day trading on Monday, hitting $33.05. 37,945 shares of the company traded hands, compared to its average volume of 301,728. The company has a quick ratio of 1.56, a current ratio of 1.92 and a debt-to-equity ratio of 0.04. Dogness has a 12-month low of $3.54 and a 12-month high of $58.50. The stock has a 50-day moving average price of $37.99 and a two-hundred day moving average price of $35.76.

Dogness (International) Company Profile

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.