Smart Sand, Inc. (NASDAQ:SND) Short Interest Update

Smart Sand, Inc. (NASDAQ:SND) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 237,400 shares, a drop of 23.2% from the December 15th total of 309,100 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 159,300 shares, the short-interest ratio is presently 1.5 days.

Smart Sand Stock Up 1.9 %

SND traded up $0.05 during trading on Friday, reaching $2.38. The stock had a trading volume of 13,852 shares, compared to its average volume of 67,643. Smart Sand has a one year low of $1.65 and a one year high of $2.80. The company has a market capitalization of $101.94 million, a price-to-earnings ratio of -16.96 and a beta of 1.10. The company has a current ratio of 1.71, a quick ratio of 0.98 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average is $2.30 and its two-hundred day moving average is $2.16.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. JB Capital Partners LP purchased a new stake in Smart Sand in the third quarter worth about $376,000. First Eagle Investment Management LLC bought a new stake in shares of Smart Sand in the 2nd quarter worth approximately $294,000. Dimensional Fund Advisors LP grew its stake in shares of Smart Sand by 36.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 300,646 shares of the company’s stock worth $634,000 after buying an additional 80,787 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new stake in Smart Sand in the third quarter worth $85,000. Finally, Ritholtz Wealth Management grew its holdings in shares of Smart Sand by 33.6% during the fourth quarter. Ritholtz Wealth Management now owns 109,876 shares of the company’s stock valued at $247,000 after buying an additional 27,664 shares during the last quarter. 35.21% of the stock is currently owned by institutional investors.

About Smart Sand

Smart Sand, Inc, an integrated frac and industrial sand supply and services company, engages in the excavation, processing, and sale of sands or proppant for use in hydraulic fracturing operations in the oil and gas industry in the United States. It also provides proppant logistics services; and wellsite storage solutions through SmartSystems products and services.