Digital Brands Group, Inc. (NASDAQ:DBGI – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 680,300 shares, a growth of 605.7% from the September 30th total of 96,400 shares. Based on an average daily volume of 5,320,000 shares, the short-interest ratio is currently 0.1 days. Approximately 18.0% of the company’s stock are short sold.
Digital Brands Group Stock Down 2.9 %
Shares of DBGI stock traded down $0.01 during trading on Friday, hitting $0.23. 3,115,559 shares of the company were exchanged, compared to its average volume of 2,092,555. The firm has a market capitalization of $462,518.10, a price-to-earnings ratio of -0.01 and a beta of 1.04. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.07 and a current ratio of 0.31. The business’s 50-day simple moving average is $0.51 and its 200 day simple moving average is $1.44. Digital Brands Group has a twelve month low of $0.15 and a twelve month high of $12.80.
Digital Brands Group (NASDAQ:DBGI – Get Free Report) last posted its quarterly earnings results on Monday, August 19th. The company reported ($2.08) earnings per share for the quarter. The company had revenue of $3.40 million during the quarter. Digital Brands Group had a negative return on equity of 327.13% and a negative net margin of 102.54%.
Institutional Investors Weigh In On Digital Brands Group
Digital Brands Group Company Profile
Digital Brands Group, Inc engages in the provision of apparel products under various brands on direct-to-consumer and wholesale basis. It operates through DSTLD, Bailey, H&J, Stateside, and Sundry segments. The company designs, manufactures, and sells women's apparel, such as tops, sweaters, dresses, jumpsuits, bottoms, sets, jackets, rompers, suiting, sportswear, shirts, jackets, pants, shorts, polos, T-shirts, skirts, athleisure bottoms, denims, and other accessory products, as well as suiting for men.
Featured Stories
- Five stocks we like better than Digital Brands Group
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for Digital Brands Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Brands Group and related companies with MarketBeat.com's FREE daily email newsletter.