Sacks Parente Golf, Inc. (NASDAQ:SPGC) Short Interest Up 39.7% in November

Sacks Parente Golf, Inc. (NASDAQ:SPGC) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 30,600 shares, a growth of 39.7% from the November 15th total of 21,900 shares. Based on an average daily volume of 84,300 shares, the short-interest ratio is presently 0.4 days. Currently, 3.8% of the company’s stock are sold short.

Sacks Parente Golf Trading Down 17.1 %

SPGC stock traded down $0.06 during trading on Friday, reaching $0.31. 7,662,495 shares of the stock were exchanged, compared to its average volume of 1,509,918. The firm’s 50 day moving average is $1.75 and its 200 day moving average is $3.36. The firm has a market cap of $565,470.00, a P/E ratio of -0.08 and a beta of 3.04. Sacks Parente Golf has a twelve month low of $0.28 and a twelve month high of $9.17.

Sacks Parente Golf Company Profile

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.