Short Interest in Summer Infant, Inc. (NASDAQ:SUMR) Decreases By 25.8%

Summer Infant, Inc. (NASDAQ:SUMR) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 33,600 shares, a decrease of 25.8% from the September 30th total of 45,300 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 29,400 shares, the days-to-cover ratio is currently 1.1 days.

Shares of SUMR traded down $0.01 during trading hours on Friday, hitting $0.31. 15,100 shares of the company were exchanged, compared to its average volume of 26,785. Summer Infant has a 52 week low of $0.21 and a 52 week high of $1.21. The company has a debt-to-equity ratio of 7.67, a quick ratio of 1.06 and a current ratio of 1.81. The firm’s 50 day moving average is $0.34 and its 200-day moving average is $0.47.

Summer Infant Company Profile

Summer Infant, Inc, together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products primarily worldwide. It offers audio and video monitors; safety products, including gates, bedrails, baby proofing products, potties, bath products, positioners, and infant health products; nursery products, such as specialty blankets, sleep aides and soothers, and travel accessories; and baby gear products consisting of strollers, bassinets, high chairs, and playards under the Summer, SwaddleMe, and born free brand names.

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