Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Update

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 32,500 shares, an increase of 60.9% from the November 30th total of 20,200 shares. Based on an average daily volume of 25,500 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Stran & Company, Inc.

A hedge fund recently bought a new stake in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB bought a new stake in Stran & Company, Inc. (NASDAQ:SWAG) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned about 0.23% of Stran & Company, Inc. as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 56.42% of the company’s stock.

Stran & Company, Inc. Price Performance

NASDAQ:SWAG traded down $0.01 on Friday, hitting $0.95. 133,317 shares of the company’s stock were exchanged, compared to its average volume of 23,556. The company has a market cap of $17.66 million, a P/E ratio of -47.46 and a beta of 2.12. The firm has a 50-day moving average price of $1.07 and a 200-day moving average price of $1.13. Stran & Company, Inc. has a 52 week low of $0.80 and a 52 week high of $1.74.

About Stran & Company, Inc.

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.