Laird Superfood, Inc. (NYSEAMERICAN:LSF – Get Free Report) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 78,600 shares, a growth of 94.1% from the February 13th total of 40,500 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 84,700 shares, the short-interest ratio is currently 0.9 days.
Laird Superfood Stock Performance
Laird Superfood stock opened at $5.34 on Friday. The company has a market cap of $54.95 million, a P/E ratio of -38.14 and a beta of 2.27. Laird Superfood has a 1-year low of $1.90 and a 1-year high of $10.90.
Insider Buying and Selling
In other news, CEO Jason D. Vieth bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were acquired at an average price of $5.37 per share, with a total value of $53,700.00. Following the acquisition, the chief executive officer now owns 684,969 shares of the company’s stock, valued at approximately $3,678,283.53. The trade was a 1.48 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 15.50% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Laird Superfood
About Laird Superfood
Laird Superfood, Inc manufactures and markets plant-based natural and functional food in the United States. The company provides powdered and liquid coffee creamers, and hydration and beverage enhancing supplements; hydrate coconut water products; performance mushroom supplements; functional, organic roasted, and instant coffee, tea, hot chocolate products; harvest snacks; and other food items.
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