Sacks Parente Golf, Inc. (NASDAQ:SPGC) Short Interest Update

Sacks Parente Golf, Inc. (NASDAQ:SPGC) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 21,900 shares, a drop of 37.8% from the October 31st total of 35,200 shares. Based on an average daily trading volume, of 82,900 shares, the short-interest ratio is presently 0.3 days. Approximately 3.3% of the company’s stock are sold short.

Sacks Parente Golf Stock Performance

NASDAQ:SPGC traded down $0.04 during trading hours on Thursday, hitting $1.62. 10,199 shares of the company’s stock traded hands, compared to its average volume of 39,898. The stock’s fifty day moving average price is $2.26 and its two-hundred day moving average price is $3.68. The firm has a market cap of $2.96 million, a P/E ratio of -0.44 and a beta of 3.15. Sacks Parente Golf has a twelve month low of $1.52 and a twelve month high of $9.17.

About Sacks Parente Golf

Sacks Parente Golf, Inc, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe.