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

S&W Seed (NASDAQ:SANW) saw a large decrease in short interest in February. As of February 15th, there was short interest totalling 18,300 shares, a decrease of 11.6% from the January 31st total of 20,700 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average trading volume of 38,500 shares, the days-to-cover ratio is currently 0.5 days.

S&W Seed Trading Down 2.8 %

S&W Seed stock traded down $0.22 during midday trading on Thursday, hitting $7.52. 11,014 shares of the stock were exchanged, compared to its average volume of 10,600. S&W Seed has a 52 week low of $2.10 and a 52 week high of $11.60. The company has a fifty day simple moving average of $8.44 and a two-hundred day simple moving average of $5.91. The stock has a market capitalization of $16.13 million, a PE ratio of -0.48 and a beta of 1.55. The company has a quick ratio of 0.40, a current ratio of 1.03 and a debt-to-equity ratio of 0.16.

S&W Seed (NASDAQ:SANW) last released its earnings results on Thursday, February 13th. The company reported ($2.05) earnings per share (EPS) for the quarter. The firm had revenue of $5.08 million for the quarter. S&W Seed had a negative return on equity of 51.47% and a negative net margin of 76.30%.

Insider Activity

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of S&W Seed stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of $0.15, for a total value of $30,000.00. Following the transaction, the insider now directly owns 993,187 shares of the company’s stock, valued at $148,978.05. The trade was a 16.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on SANW. Lake Street Capital lifted their price objective on S&W Seed from $10.00 to $35.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. StockNews.com began coverage on shares of S&W Seed in a report on Saturday, March 1st. They issued a “sell” rating for the company.

About S&W Seed

S&W Seed Co engages in the breeding, production, and sale of stevia and alfalfa seeds. The company was founded in 1980 and is headquartered in Longmont, CO.