S&W Seed (NASDAQ:SANW) Short Interest Up 2,350.0% in October

S&W Seed (NASDAQ:SANW) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 9,800 shares, an increase of 2,350.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 9,800 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on S&W Seed in a research note on Saturday, November 9th. They set a “sell” rating for the company.

S&W Seed Stock Performance

S&W Seed stock traded down $0.13 during mid-day trading on Thursday, reaching $2.17. The company’s stock had a trading volume of 3,082 shares, compared to its average volume of 6,209. S&W Seed has a twelve month low of $2.10 and a twelve month high of $14.25. The business has a 50 day moving average price of $3.66 and a 200-day moving average price of $5.33. The company has a current ratio of 0.92, a quick ratio of 0.36 and a debt-to-equity ratio of 0.12. The firm has a market cap of $4.95 million, a price-to-earnings ratio of -0.16 and a beta of 1.00.

S&W Seed (NASDAQ:SANW) last announced its earnings results on Friday, November 1st. The company reported ($2.95) EPS for the quarter. The business had revenue of $14.82 million for the quarter. S&W Seed had a negative return on equity of 40.22% and a negative net margin of 49.69%.

S&W Seed Company Profile

S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. The company also offers sunflower, stevia, camelina, wheat, and pasture seeds. It sells its seeds to distributors and dealers in 40 countries. The company was founded in 1980 and is headquartered in Longmont, Colorado.