Short Interest in Sacks Parente Golf, Inc. (NASDAQ:SPGC) Grows By 177.2%

Sacks Parente Golf, Inc. (NASDAQ:SPGC) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 35,200 shares, an increase of 177.2% from the October 15th total of 12,700 shares. Currently, 5.2% of the shares of the company are short sold. Based on an average trading volume of 82,200 shares, the short-interest ratio is currently 0.4 days.

Sacks Parente Golf Trading Down 0.6 %

Shares of SPGC traded down $0.01 during midday trading on Friday, reaching $1.67. The stock had a trading volume of 14,202 shares, compared to its average volume of 40,583. The firm has a 50 day simple moving average of $2.51 and a 200-day simple moving average of $3.88. Sacks Parente Golf has a one year low of $1.52 and a one year high of $9.17. The firm has a market cap of $3.21 million, a PE ratio of -0.43 and a beta of 3.15.

Sacks Parente Golf Company Profile

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.