Stran & Company, Inc. (NASDAQ:SWAG) Sees Significant Growth in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 25,100 shares, a growth of 32.1% from the October 31st total of 19,000 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 20,900 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB purchased a new stake in shares of Stran & Company, Inc. (NASDAQ:SWAG) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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. as of its most recent filing with the Securities and Exchange Commission (SEC). 56.42% of the stock is currently owned by institutional investors and hedge funds.

Stran & Company, Inc. Stock Up 4.6 %

NASDAQ SWAG traded up $0.05 during trading hours on Friday, hitting $1.14. The company had a trading volume of 14,853 shares, compared to its average volume of 20,893. Stran & Company, Inc. has a fifty-two week low of $1.02 and a fifty-two week high of $1.74. The business has a fifty day simple moving average of $1.13 and a 200-day simple moving average of $1.16. The firm has a market cap of $21.22 million, a P/E ratio of -57.00 and a beta of 2.15.

Stran & Company, Inc. Company Profile

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.