S&W Seed (NASDAQ:SANW) Short Interest Up 243.1% in February

S&W Seed (NASDAQ:SANWGet Free Report) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 44,600 shares, an increase of 243.1% from the January 31st total of 13,000 shares. Based on an average daily volume of 110,100 shares, the short-interest ratio is presently 0.4 days.

S&W Seed Trading Down 2.7 %

S&W Seed stock traded down $0.01 during trading hours on Wednesday, reaching $0.51. The stock had a trading volume of 700,036 shares, compared to its average volume of 126,003. The company has a fifty day simple moving average of $0.58 and a 200-day simple moving average of $0.71. S&W Seed has a 52 week low of $0.45 and a 52 week high of $1.85. The stock has a market cap of $22.09 million, a PE ratio of 1.82 and a beta of 0.97. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 0.42.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in shares of S&W Seed in the 1st quarter worth approximately $40,000. Susquehanna International Group LLP bought a new position in S&W Seed in the first quarter worth $44,000. Millennium Management LLC lifted its position in S&W Seed by 174.0% during the second quarter. Millennium Management LLC now owns 61,717 shares of the company’s stock valued at $62,000 after buying an additional 39,192 shares during the period. Gabelli Funds LLC boosted its holdings in shares of S&W Seed by 28.2% during the 4th quarter. Gabelli Funds LLC now owns 50,000 shares of the company’s stock valued at $74,000 after buying an additional 11,000 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in shares of S&W Seed in the 4th quarter worth about $164,000.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of S&W Seed in a research note on Tuesday. They issued a “sell” rating for the company.

View Our Latest Analysis on S&W Seed

S&W Seed Company Profile

(Get Free Report)

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.

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