Stran & Company, Inc. (NASDAQ:SWAG) Sees Large Drop in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 36,500 shares, a decrease of 15.3% from the March 31st total of 43,100 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 21,600 shares, the days-to-cover ratio is currently 1.7 days.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded Stran & Company, Inc. from a “d+” rating to a “c-” rating in a research report on Tuesday, February 6th.

Stran & Company, Inc. Price Performance

Shares of NASDAQ:SWAG opened at $1.14 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.55 and a current ratio of 2.94. Stran & Company, Inc. has a 52-week low of $0.91 and a 52-week high of $1.74. The stock’s fifty day simple moving average is $1.38 and its 200-day simple moving average is $1.38.

Stran & Company, Inc. (NASDAQ:SWAG) last issued its quarterly earnings data on Thursday, March 28th. The company reported $0.03 earnings per share (EPS) for the quarter. Stran & Company, Inc. had a return on equity of 0.09% and a net margin of 0.05%. The business had revenue of $23.34 million for the quarter.

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.