Short Interest in Dogness (International) Co. (NASDAQ:DOGZ) Decreases By 5.4%

Dogness (International) Co. (NASDAQ:DOGZ) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 301,200 shares, a decrease of 5.4% from the December 15th total of 318,300 shares. Based on an average daily volume of 163,500 shares, the short-interest ratio is currently 1.8 days. Approximately 18.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Dogness (International)

An institutional investor recently bought a new position in Dogness (International) stock. JPMorgan Chase & Co. purchased a new position in Dogness (International) Co. (NASDAQ:DOGZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,703 shares of the company’s stock, valued at approximately $73,000. 5.12% of the stock is owned by institutional investors and hedge funds.

Dogness (International) Stock Performance

Shares of NASDAQ:DOGZ opened at $18.10 on Monday. The firm’s 50 day moving average is $45.09 and its two-hundred day moving average is $33.51. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 1.92. Dogness has a 52 week low of $2.90 and a 52 week high of $58.50.

About Dogness (International)

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.