Stryve Foods, Inc. (NASDAQ:SNAX) Short Interest Update

Stryve Foods, Inc. (NASDAQ:SNAX) saw a large decrease in short interest in November. As of November 15th, there was short interest totalling 225,900 shares, a decrease of 28.2% from the October 31st total of 314,800 shares. Based on an average daily volume of 156,200 shares, the days-to-cover ratio is currently 1.4 days. Approximately 9.0% of the shares of the stock are sold short.

Stryve Foods Stock Up 1.0 %

Shares of SNAX traded up $0.01 during trading hours on Friday, hitting $0.93. 26,706 shares of the company were exchanged, compared to its average volume of 65,270. The company has a market cap of $3.76 million, a price-to-earnings ratio of -0.17 and a beta of 1.10. Stryve Foods has a fifty-two week low of $0.75 and a fifty-two week high of $3.06. The firm’s fifty day moving average is $1.08 and its 200 day moving average is $1.54.

Institutional Trading of Stryve Foods

A hedge fund recently bought a new stake in Stryve Foods stock. CWA Asset Management Group LLC acquired a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned about 6.91% of Stryve Foods as of its most recent SEC filing. Institutional investors and hedge funds own 40.28% of the company’s stock.

About Stryve Foods

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.