Stryve Foods, Inc. (NASDAQ:SNAX) Short Interest Up 63.4% in December

Stryve Foods, Inc. (NASDAQ:SNAX) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 90,500 shares, a growth of 63.4% from the November 30th total of 55,400 shares. Currently, 3.4% of the company’s stock are short sold. Based on an average trading volume of 159,800 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Stryve Foods

An institutional investor recently bought a new position in Stryve Foods stock. CWA Asset Management Group LLC purchased a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned about 6.91% of Stryve Foods as of its most recent SEC filing. 40.28% of the stock is currently owned by hedge funds and other institutional investors.

Stryve Foods Stock Up 1.0 %

SNAX traded up $0.01 on Friday, reaching $0.67. The company had a trading volume of 151,008 shares, compared to its average volume of 68,910. Stryve Foods has a 1 year low of $0.55 and a 1 year high of $2.95. The stock has a market capitalization of $2.71 million, a PE ratio of -0.12 and a beta of 1.08. The stock has a 50-day moving average price of $0.84 and a 200-day moving average price of $1.38.

Stryve Foods Company Profile

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.