Safety Shot, Inc. (NASDAQ:SHOT) Short Interest Update

Safety Shot, Inc. (NASDAQ:SHOT) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 2,430,000 shares, a drop of 26.4% from the January 15th total of 3,300,000 shares. Based on an average daily volume of 931,100 shares, the short-interest ratio is presently 2.6 days. Currently, 4.6% of the company’s stock are short sold.

Institutional Trading of Safety Shot

Institutional investors and hedge funds have recently modified their holdings of the business. CreativeOne Wealth LLC bought a new position in Safety Shot during the 3rd quarter worth $27,000. Virtu Financial LLC bought a new position in Safety Shot in the 4th quarter valued at about $33,000. Tyler Stone Wealth Management grew its holdings in Safety Shot by 100.0% during the third quarter. Tyler Stone Wealth Management now owns 34,200 shares of the company’s stock worth $42,000 after buying an additional 17,100 shares in the last quarter. Total Investment Management Inc. bought a new stake in shares of Safety Shot in the 3rd quarter worth $49,000. Finally, Jane Street Group LLC grew its position in Safety Shot by 397.7% in the 4th quarter. Jane Street Group LLC now owns 102,267 shares of the company’s stock worth $74,000 after purchasing an additional 81,720 shares in the last quarter. 12.55% of the stock is currently owned by institutional investors.

Safety Shot Trading Up 2.6 %

Safety Shot stock traded up $0.01 during midday trading on Friday, reaching $0.49. 922,118 shares of the company’s stock were exchanged, compared to its average volume of 678,714. Safety Shot has a 52 week low of $0.45 and a 52 week high of $2.91. The stock’s 50-day simple moving average is $0.63 and its 200 day simple moving average is $0.88.

About Safety Shot

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women’s sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.