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

Safety Shot, Inc. (NASDAQ:SHOT) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 2,050,000 shares, a decrease of 17.3% from the February 28th total of 2,480,000 shares. Based on an average trading volume of 725,300 shares, the short-interest ratio is presently 2.8 days. Approximately 3.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. CreativeOne Wealth LLC bought a new stake in shares of Safety Shot during the 3rd quarter valued at about $27,000. Steward Partners Investment Advisory LLC boosted its stake in Safety Shot by 20.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 180,294 shares of the company’s stock valued at $130,000 after acquiring an additional 30,000 shares during the period. Geode Capital Management LLC grew its holdings in shares of Safety Shot by 9.7% during the third quarter. Geode Capital Management LLC now owns 433,867 shares of the company’s stock valued at $529,000 after purchasing an additional 38,258 shares during the last quarter. State Street Corp grew its holdings in shares of Safety Shot by 40.5% during the third quarter. State Street Corp now owns 146,100 shares of the company’s stock valued at $178,000 after purchasing an additional 42,100 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Safety Shot during the 4th quarter worth approximately $33,000. 12.55% of the stock is currently owned by institutional investors.

Safety Shot Stock Performance

Shares of SHOT opened at $0.45 on Thursday. The business’s fifty day moving average price is $0.48 and its 200 day moving average price is $0.79. Safety Shot has a 12-month low of $0.34 and a 12-month high of $2.40.

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.