Short Interest in S&W Seed (NASDAQ:SANW) Decreases By 50.8%

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on SANW. StockNews.com assumed coverage on shares of S&W Seed in a report on Sunday. They issued a “sell” rating on the stock. Lake Street Capital upped their price objective on S&W Seed from $10.00 to $35.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th.

Insider Buying and Selling at S&W Seed

In other S&W Seed news, major shareholder Mfp Partners Lp sold 200,000 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were sold at an average price of $0.15, for a total transaction of $30,000.00. Following the sale, the insider now directly owns 993,187 shares of the company’s stock, valued at approximately $148,978.05. This represents a 16.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 11.40% of the company’s stock.

S&W Seed Trading Down 4.9 %

Shares of S&W Seed stock opened at $7.11 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.37. The business has a fifty day simple moving average of $5.68 and a two-hundred day simple moving average of $5.32. S&W Seed has a 1 year low of $2.10 and a 1 year high of $14.25. The company has a market capitalization of $16.24 million, a price-to-earnings ratio of -0.40 and a beta of 1.54.

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

About S&W Seed

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.