Dogness (International) Co. (NASDAQ:DOGZ) Short Interest Update

Dogness (International) Co. (NASDAQ:DOGZ) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 301,200 shares, a decline of 5.4% from the December 15th total of 318,300 shares. Currently, 18.1% of the company’s stock are short sold. Based on an average daily volume of 163,500 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Dogness (International) stock. JPMorgan Chase & Co. purchased a new position in shares of Dogness (International) Co. (NASDAQ:DOGZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,703 shares of the company’s stock, valued at approximately $73,000. Hedge funds and other institutional investors own 5.12% of the company’s stock.

Dogness (International) Stock Performance

DOGZ stock opened at $18.10 on Friday. Dogness has a fifty-two week low of $2.90 and a fifty-two week high of $58.50. The business has a 50 day moving average price of $45.09 and a 200 day moving average price of $33.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.56 and a current ratio of 1.92.

About Dogness (International)

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.