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

Stryve Foods, Inc. (NASDAQ:SNAX) was the target of a large decrease in short interest in the month of 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 trading volume of 156,200 shares, the short-interest ratio is currently 1.4 days. Currently, 9.0% of the shares of the company are short sold.

Stryve Foods Stock Performance

SNAX traded up $0.01 during trading hours on Friday, reaching $0.93. The company’s stock had a trading volume of 26,706 shares, compared to its average volume of 65,270. Stryve Foods has a 52 week low of $0.75 and a 52 week high of $3.06. The company’s 50-day moving average is $1.08 and its 200-day moving average is $1.54. The firm has a market cap of $3.76 million, a PE ratio of -0.17 and a beta of 1.10.

Institutional Investors Weigh In On Stryve Foods

An institutional investor recently bought a new position in Stryve Foods stock. CWA Asset Management Group LLC acquired a new stake in Stryve Foods, Inc. (NASDAQ:SNAX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned approximately 6.91% of Stryve Foods at the end of the most recent reporting period. 40.28% of the stock is owned by institutional investors.

Stryve Foods Company Profile

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.