Short Interest in Dogness (International) Co. (NASDAQ:DOGZ) Declines By 5.4%

Dogness (International) Co. (NASDAQ:DOGZ) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 301,200 shares, a decline of 5.4% from the December 15th total of 318,300 shares. Based on an average daily volume of 163,500 shares, the days-to-cover ratio is presently 1.8 days. Currently, 18.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Dogness (International)

A hedge fund recently bought a new stake in Dogness (International) stock. JPMorgan Chase & Co. bought a new stake in shares of Dogness (International) Co. (NASDAQ:DOGZ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,703 shares of the company’s stock, valued at approximately $73,000. Hedge funds and other institutional investors own 5.12% of the company’s stock.

Dogness (International) Price Performance

Shares of DOGZ stock opened at $18.10 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.92 and a debt-to-equity ratio of 0.04. Dogness has a fifty-two week low of $2.90 and a fifty-two week high of $58.50. The stock’s 50-day moving average is $45.09 and its two-hundred day moving average is $33.40.

About Dogness (International)

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.