Sacks Parente Golf, Inc. (NASDAQ:SPGC) Short Interest Down 28.1% in April

Sacks Parente Golf, Inc. (NASDAQ:SPGC) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 61,900 shares, a decline of 28.1% from the March 31st total of 86,100 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 63,600 shares, the short-interest ratio is currently 1.0 days.

Sacks Parente Golf Stock Down 1.9 %

Shares of NASDAQ:SPGC traded down $0.01 during midday trading on Friday, reaching $0.42. The company’s stock had a trading volume of 502 shares, compared to its average volume of 35,037. The firm has a market cap of $6.09 million and a price-to-earnings ratio of -1.13. Sacks Parente Golf has a 1 year low of $0.36 and a 1 year high of $30.00. The business has a 50 day moving average price of $0.58 and a 200 day moving average price of $0.68.

Sacks Parente Golf (NASDAQ:SPGC) last issued its earnings results on Monday, March 18th. The company reported ($0.14) earnings per share for the quarter. Sacks Parente Golf had a negative net margin of 1,325.21% and a negative return on equity of 236.79%. The firm had revenue of $0.12 million during the quarter.

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.