Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Update

Dogness (International) Corporation (NASDAQ:DOGZ) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 117,574 shares, an increase of 836.5% from the May 31st total of 12,555 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,775,535 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Dogness (International)

Institutional investors and hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC boosted its holdings in shares of Dogness (International) by 687.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,953 shares of the company’s stock valued at $48,000 after buying an additional 2,578 shares during the period. Jane Street Group LLC acquired a new stake in Dogness (International) during the fourth quarter worth about $153,000. Marex Group plc bought a new position in Dogness (International) in the fourth quarter worth about $157,000. Quadrature Capital Ltd boosted its stake in Dogness (International) by 71.5% in the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock valued at $392,000 after acquiring an additional 15,414 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in Dogness (International) in the third quarter valued at approximately $518,000. 5.12% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DOGZ has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Dogness (International) from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings reissued a “sell (e+)” rating on shares of Dogness (International) in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Dogness (International) has an average rating of “Sell”.

Dogness (International) Trading Down 1.8%

Shares of DOGZ opened at $1.10 on Friday. The stock has a 50 day moving average of $1.15 and a 200-day moving average of $3.63. The company has a current ratio of 1.75, a quick ratio of 1.45 and a debt-to-equity ratio of 0.01. Dogness has a 52 week low of $0.81 and a 52 week high of $31.48.

Dogness (International) (NASDAQ:DOGZ) last issued its quarterly earnings results on Thursday, April 2nd. The company reported ($0.14) earnings per share for the quarter. The firm had revenue of $3.86 million during the quarter.

About Dogness (International)

Dogness (International) Corporation is a provider of pet health and lifestyle products that focuses on smart and interactive solutions for companion animals. The company designs, manufactures and markets a range of pet care products that integrate technology to enhance monitoring, feeding, exercise and enrichment for dogs and cats. Its product portfolio caters to pet owners seeking automated, data-driven tools to support pet well-being and owner convenience.

The company’s offerings include automatic pet feeders and water fountains equipped with programmable schedules, smartphone connectivity and real-time portion controls.