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

S&W Seed (NASDAQ:SANW) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 36,100 shares, a decrease of 15.3% from the March 31st total of 42,600 shares. Based on an average daily trading volume, of 104,900 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in S&W Seed stock. Wynnefield Capital Inc. increased its position in S&W Seed (NASDAQ:SANW) by 3.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 4,070,637 shares of the company’s stock after purchasing an additional 139,701 shares during the period. S&W Seed accounts for about 2.1% of Wynnefield Capital Inc.’s holdings, making the stock its 8th biggest holding. Wynnefield Capital Inc. owned 9.46% of S&W Seed worth $4,559,000 at the end of the most recent reporting period. 61.68% of the stock is currently owned by hedge funds and other institutional investors.

S&W Seed Price Performance

S&W Seed stock opened at $0.42 on Wednesday. The stock has a market cap of $17.98 million, a PE ratio of 1.48 and a beta of 0.93. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.04 and a quick ratio of 0.42. The stock’s fifty day moving average is $0.47 and its two-hundred day moving average is $0.56. S&W Seed has a 1-year low of $0.37 and a 1-year high of $1.39.

S&W Seed (NASDAQ:SANW) last posted its earnings results on Wednesday, February 14th. The company reported ($0.13) earnings per share for the quarter. The business had revenue of $10.87 million for the quarter. S&W Seed had a negative return on equity of 28.69% and a net margin of 18.36%. On average, sell-side analysts expect that S&W Seed will post -0.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of S&W Seed in a report on Tuesday, April 23rd. They set 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.