Stran & Company, Inc. (NASDAQ:SWAG) Short Interest Down 19.5% in November

Stran & Company, Inc. (NASDAQ:SWAG) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 20,200 shares, a drop of 19.5% from the November 15th total of 25,100 shares. Based on an average daily volume of 22,600 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the company are short sold.

Stran & Company, Inc. Price Performance

SWAG traded up $0.02 during trading on Friday, reaching $0.97. 35,624 shares of the company’s stock were exchanged, compared to its average volume of 22,878. The stock has a market capitalization of $18.05 million, a P/E ratio of -48.50 and a beta of 2.12. Stran & Company, Inc. has a 1 year low of $0.80 and a 1 year high of $1.74. The company’s fifty day simple moving average is $1.10 and its 200-day simple moving average is $1.15.

Institutional Investors Weigh In On Stran & Company, Inc.

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB purchased a new stake in Stran & Company, Inc. (NASDAQ:SWAG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned 0.23% of Stran & Company, Inc. at the end of the most recent quarter. Institutional investors and hedge funds own 56.42% of the company’s stock.

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.