BranchOut Food Inc. (NASDAQ:BOF) Short Interest Update

BranchOut Food Inc. (NASDAQ:BOFGet Free Report) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 220,300 shares, a decline of 28.3% from the October 31st total of 307,300 shares. Currently, 4.9% of the shares of the stock are sold short. Based on an average daily volume of 7,160,000 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of BranchOut Food

An institutional investor recently bought a new position in BranchOut Food stock. Greenwood Gearhart Inc. purchased a new stake in shares of BranchOut Food Inc. (NASDAQ:BOFFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 94,949 shares of the company’s stock, valued at approximately $66,000. Greenwood Gearhart Inc. owned approximately 2.23% of BranchOut Food at the end of the most recent quarter. Institutional investors and hedge funds own 2.59% of the company’s stock.

BranchOut Food Stock Performance

Shares of NASDAQ BOF traded up $0.02 during midday trading on Friday, reaching $1.73. The company’s stock had a trading volume of 24,576 shares, compared to its average volume of 137,015. BranchOut Food has a one year low of $0.61 and a one year high of $4.11. The company has a 50 day moving average price of $1.74 and a 200 day moving average price of $1.47. The company has a quick ratio of 0.95, a current ratio of 1.27 and a debt-to-equity ratio of 1.00.

About BranchOut Food

(Get Free Report)

BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.

Featured Stories

Receive News & Ratings for BranchOut Food Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BranchOut Food and related companies with MarketBeat.com's FREE daily email newsletter.