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

S&W Seed (NASDAQ:SANW) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 18,500 shares, a drop of 50.8% from the December 15th total of 37,600 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 43,800 shares, the short-interest ratio is presently 0.4 days.

S&W Seed Stock Down 4.9 %

S&W Seed stock opened at $7.11 on Tuesday. S&W Seed has a twelve month low of $2.10 and a twelve month high of $14.25. The company has a quick ratio of 0.37, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. The company has a 50 day moving average of $5.68 and a 200-day moving average of $5.32. The stock has a market capitalization of $16.24 million, a PE ratio of -0.40 and a beta of 1.54.

S&W Seed (NASDAQ:SANW) last released its earnings results on Friday, November 1st. The company reported ($2.95) earnings per share (EPS) for the quarter. The firm had revenue of $14.82 million for the quarter. S&W Seed had a negative return on equity of 48.07% and a negative net margin of 77.05%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on SANW shares. StockNews.com began coverage on S&W Seed in a report on Sunday. They set a “sell” rating on the stock. 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.

Insiders Place Their Bets

In other S&W Seed 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 sale, the insider now directly owns 993,187 shares in the company, valued at approximately $148,978.05. This trade represents a 16.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 11.40% of the company’s stock.

S&W Seed Company Profile

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.