Stryve Foods, Inc. (NASDAQ:SNAX) Short Interest Up 63.4% in December

Stryve Foods, Inc. (NASDAQ:SNAX) was the recipient of a large increase in short interest in 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. Based on an average daily volume of 159,800 shares, the short-interest ratio is presently 0.6 days. Currently, 3.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Stryve Foods stock. CWA Asset Management Group LLC acquired a new position in shares of Stryve Foods, Inc. (NASDAQ:SNAX) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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. 40.28% of the stock is owned by institutional investors.

Stryve Foods Stock Up 1.0 %

Shares of SNAX traded up $0.01 during mid-day trading on Friday, hitting $0.67. 151,008 shares of the company’s stock were exchanged, compared to its average volume of 68,910. The firm has a market cap of $2.71 million, a price-to-earnings ratio of -0.12 and a beta of 1.08. The stock’s 50-day simple moving average is $0.84 and its 200-day simple moving average is $1.39. Stryve Foods has a 52 week low of $0.55 and a 52 week high of $2.95.

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.