Short Interest in Stryve Foods, Inc. (NASDAQ:SNAX) Rises By 63.4%

Stryve Foods, Inc. (NASDAQ:SNAX) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 90,500 shares, an increase of 63.4% from the November 30th total of 55,400 shares. Approximately 3.4% of the company’s stock are sold short. Based on an average daily volume of 159,800 shares, the short-interest ratio is currently 0.6 days.

Stryve Foods Trading Up 1.0 %

Shares of SNAX stock traded up $0.01 on Friday, reaching $0.67. 151,008 shares of the stock were exchanged, compared to its average volume of 68,910. The company has a market capitalization of $2.71 million, a price-to-earnings ratio of -0.12 and a beta of 1.08. The business’s 50 day moving average price is $0.84 and its 200 day moving average price is $1.38. Stryve Foods has a twelve month low of $0.55 and a twelve month high of $2.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stryve Foods stock. CWA Asset Management Group LLC bought a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 231,630 shares of the company’s stock, valued at approximately $338,000. CWA Asset Management Group LLC owned about 6.91% of Stryve Foods as of its most recent SEC filing. Hedge funds and other institutional investors own 40.28% of the company’s stock.

About Stryve Foods

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.