Short Interest in Dogness (International) Co. (NASDAQ:DOGZ) Decreases By 6.8%

Dogness (International) Co. (NASDAQ:DOGZ) was the recipient of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 376,700 shares, a drop of 6.8% from the January 15th total of 404,400 shares. Approximately 22.7% of the company’s stock are short sold. Based on an average daily trading volume, of 202,500 shares, the days-to-cover ratio is currently 1.9 days.

Hedge Funds Weigh In On Dogness (International)

An institutional investor recently bought a new position in Dogness (International) stock. JPMorgan Chase & Co. bought a new stake in shares of Dogness (International) Co. (NASDAQ:DOGZ) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,703 shares of the company’s stock, valued at approximately $73,000. 5.12% of the stock is owned by institutional investors.

Dogness (International) Price Performance

NASDAQ:DOGZ opened at $27.75 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.92 and a quick ratio of 1.56. Dogness has a one year low of $4.03 and a one year high of $58.50. The firm has a 50-day moving average of $37.99 and a 200-day moving average of $35.76.

About Dogness (International)

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.