S&W Seed (NASDAQ:SANW) Short Interest Up 26.5% in January

S&W Seed (NASDAQ:SANW) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 23,400 shares, an increase of 26.5% from the December 31st total of 18,500 shares. Based on an average daily trading volume, of 43,100 shares, the short-interest ratio is currently 0.5 days. Approximately 1.1% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. StockNews.com assumed coverage on shares of S&W Seed in a research report on Tuesday, January 28th. They issued a “sell” rating for the company. Lake Street Capital increased their target price on S&W Seed from $10.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th.

Insider Activity at S&W Seed

In other news, major shareholder Mfp Partners Lp sold 200,000 shares of the stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $0.15, for a total value of $30,000.00. Following the completion of the transaction, the insider now owns 993,187 shares in the company, valued at approximately $148,978.05. This represents a 16.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 11.40% of the stock is owned by corporate insiders.

S&W Seed Price Performance

Shares of NASDAQ:SANW traded up $0.24 on Monday, hitting $9.41. The stock had a trading volume of 1,373 shares, compared to its average volume of 11,751. The firm’s 50 day moving average price is $7.47 and its 200-day moving average price is $5.65. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.37 and a current ratio of 0.85. S&W Seed has a twelve month low of $2.10 and a twelve month high of $14.25. The company has a market capitalization of $21.45 million, a price-to-earnings ratio of -0.53 and a beta of 1.55.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings results on Tuesday, November 26th. The company reported ($2.15) EPS for the quarter. S&W Seed had a negative net margin of 77.05% and a negative return on equity of 48.07%.

S&W Seed Company Profile

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.