S&W Seed (NASDAQ:SANW) Short Interest Up 2,350.0% in October

S&W Seed (NASDAQ:SANW) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 9,800 shares, a growth of 2,350.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 9,800 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

S&W Seed Price Performance

SANW traded down $0.03 during trading on Tuesday, hitting $2.24. The company’s stock had a trading volume of 3,911 shares, compared to its average volume of 6,176. The stock has a market capitalization of $5.12 million, a price-to-earnings ratio of -0.17 and a beta of 1.00. S&W Seed has a 12 month low of $2.11 and a 12 month high of $14.25. The company has a quick ratio of 0.36, a current ratio of 0.99 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average price is $3.75 and its two-hundred day moving average price is $5.40.

S&W Seed (NASDAQ:SANW) last released its quarterly earnings data on Friday, November 1st. The company reported ($2.95) earnings per share (EPS) for the quarter. S&W Seed had a negative net margin of 49.69% and a negative return on equity of 37.10%. The business had revenue of $14.82 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on S&W Seed in a research report on Saturday. They issued a “sell” rating for the company.

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.