Short Interest in Sacks Parente Golf, Inc. (NASDAQ:SPGC) Grows By 39.7%

Sacks Parente Golf, Inc. (NASDAQ:SPGC) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 30,600 shares, a growth of 39.7% from the November 15th total of 21,900 shares. Based on an average daily trading volume, of 84,300 shares, the days-to-cover ratio is presently 0.4 days. Approximately 3.8% of the shares of the stock are sold short.

Sacks Parente Golf Price Performance

Shares of SPGC stock traded down $0.06 during trading hours on Friday, reaching $0.31. The stock had a trading volume of 7,662,495 shares, compared to its average volume of 1,509,918. The stock’s fifty day simple moving average is $1.75 and its 200 day simple moving average is $3.36. Sacks Parente Golf has a 12 month low of $0.28 and a 12 month high of $9.17.

About Sacks Parente Golf

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.