Stran & Company, Inc. (NASDAQ:SWAG) Sees Significant Drop in Short Interest

Stran & Company, Inc. (NASDAQ:SWAG) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 20,200 shares, a drop of 19.5% from the November 15th total of 25,100 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 22,600 shares, the days-to-cover ratio is currently 0.9 days.

Stran & Company, Inc. Stock Up 2.1 %

SWAG traded up $0.02 on Friday, hitting $0.97. The company’s stock had a trading volume of 35,624 shares, compared to its average volume of 38,252. Stran & Company, Inc. has a 12 month low of $0.80 and a 12 month high of $1.74. The company’s 50 day simple moving average is $1.10 and its 200-day simple moving average is $1.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stran & Company, Inc. stock. Wilmington Savings Fund Society FSB acquired a new position in Stran & Company, Inc. (NASDAQ:SWAG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 42,412 shares of the company’s stock, valued at approximately $52,000. Wilmington Savings Fund Society FSB owned approximately 0.23% of Stran & Company, Inc. at the end of the most recent quarter. 56.42% of the stock is currently owned by hedge funds and other institutional investors.

About Stran & Company, Inc.

Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.