Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Down 23.9% in February

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 39,900 shares, a decline of 23.9% from the February 13th total of 52,400 shares. Based on an average trading volume of 43,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the company’s stock are sold short.

Stran & Company, Inc. Stock Down 4.1 %

Shares of Stran & Company, Inc. stock opened at $0.94 on Monday. The company has a quick ratio of 3.46, a current ratio of 3.83 and a debt-to-equity ratio of 0.02. The firm has a market cap of $17.49 million, a P/E ratio of -47.00 and a beta of 2.11. Stran & Company, Inc. has a fifty-two week low of $0.73 and a fifty-two week high of $1.57. The business has a 50-day moving average price of $1.00 and a 200 day moving average price of $1.06.

Stran & Company, Inc. (NASDAQ:SWAG) last announced its quarterly earnings data on Friday, March 7th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $20.14 million during the quarter. Stran & Company, Inc. had a net margin of 0.07% and a return on equity of 0.16%.

Institutional Trading of Stran & Company, Inc.

A hedge fund recently bought a new stake in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB acquired a new stake in Stran & Company, Inc. (NASDAQ:SWAG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 SEC filing. Institutional investors and hedge funds own 56.42% of the company’s stock.

About Stran & Company, Inc.

Stran & Co, Inc engages in the provision of promotional marketing and branded merchandise services. It offers promotional product, custom manufacturing, custom packaging, warehousing, and program management. The company was founded by Andrew Shape and Andrew Stranberg in 1994 and is headquartered in Quincy, MA.