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

Dogness (International) Corporation (NASDAQ:DOGZ) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 156,258 shares, a decrease of 30.8% from the February 26th total of 225,742 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 119,167 shares, the days-to-cover ratio is currently 1.3 days.

Dogness (International) Stock Performance

NASDAQ DOGZ traded down $0.10 during trading on Friday, reaching $1.38. 125,593 shares of the stock traded hands, compared to its average volume of 91,291. Dogness has a fifty-two week low of $1.02 and a fifty-two week high of $31.48. The company has a quick ratio of 2.91, a current ratio of 3.35 and a debt-to-equity ratio of 0.02. The stock’s 50-day moving average price is $2.44 and its 200 day moving average price is $8.71.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Dogness (International) in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Hedge Funds Weigh In On Dogness (International)

Institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its position 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 in the last quarter. Jane Street Group LLC bought a new stake in shares of Dogness (International) in the fourth quarter worth about $153,000. Marex Group plc acquired a new stake in shares of Dogness (International) during the fourth quarter worth about $157,000. Quadrature Capital Ltd lifted its holdings in shares of Dogness (International) by 71.5% during the 4th quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock valued at $392,000 after purchasing an additional 15,414 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in shares of Dogness (International) during the 3rd quarter valued at about $518,000. Institutional investors and hedge funds own 5.12% of the company’s stock.

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.