S&W Seed (NASDAQ:SANW) Short Interest Update

S&W Seed (NASDAQ:SANW) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 14,300 shares, an increase of 45.9% from the October 31st total of 9,800 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 26,400 shares, the days-to-cover ratio is presently 0.5 days.

S&W Seed Trading Down 6.5 %

Shares of NASDAQ:SANW traded down $0.49 during midday trading on Friday, reaching $7.05. The company’s stock had a trading volume of 95,491 shares, compared to its average volume of 77,928. The company has a quick ratio of 0.36, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $3.83 and a 200-day moving average of $5.14. S&W Seed has a 12-month low of $2.10 and a 12-month high of $14.25.

S&W Seed (NASDAQ:SANW) last announced its quarterly earnings data on Friday, November 1st. The company reported ($2.95) earnings per share for the quarter. S&W Seed had a negative return on equity of 48.07% and a negative net margin of 77.05%. The business had revenue of $14.82 million during the quarter.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Lake Street Capital increased their price target on shares of S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. StockNews.com assumed coverage on S&W Seed in a research report on Monday, November 25th. They issued a “sell” rating for the company.

About S&W Seed

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.