Dogness (International) Corporation (NASDAQ:DOGZ) Short Interest Down 79.2% in April

Dogness (International) Corporation (NASDAQ:DOGZ) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 7,479 shares, a decline of 79.2% from the April 15th total of 35,997 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 25,794 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in DOGZ. UBS Group AG raised its stake in Dogness (International) by 106,624.5% during the 3rd quarter. UBS Group AG now owns 52,295 shares of the company’s stock worth $674,000 after buying an additional 52,246 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of Dogness (International) in the third quarter worth approximately $518,000. Quadrature Capital Ltd raised its stake in shares of Dogness (International) by 71.5% in the fourth quarter. Quadrature Capital Ltd now owns 36,959 shares of the company’s stock worth $392,000 after purchasing an additional 15,414 shares during the last quarter. Marex Group plc purchased a new stake in shares of Dogness (International) in the fourth quarter worth approximately $157,000. Finally, Jane Street Group LLC purchased a new stake in shares of Dogness (International) in the fourth quarter worth approximately $153,000. 5.12% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DOGZ shares. Wall Street Zen lowered Dogness (International) from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Dogness (International) in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Dogness (International) Stock Performance

Shares of NASDAQ DOGZ traded up $0.03 during trading on Wednesday, reaching $1.13. The company had a trading volume of 12,187 shares, compared to its average volume of 26,266. Dogness has a 12 month low of $1.02 and a 12 month high of $31.48. The company has a current ratio of 1.75, a quick ratio of 1.45 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is $1.37 and its 200-day moving average price is $5.94.

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

Dogness (International) Company Profile

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.