Stran & Company, Inc. (NASDAQ:STRNW – Get Rating) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 1,800 shares, a decrease of 77.2% from the May 31st total of 7,900 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is presently 0.2 days.
Stran & Company, Inc. stock traded up $0.05 during trading hours on Friday, reaching $0.27. 15,200 shares of the company’s stock traded hands, compared to its average volume of 44,203. Stran & Company, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $1.65. The business’s 50 day moving average price is $0.30.
In other Stran & Company, Inc. news, Treasurer Andrew Stranberg acquired 18,000 shares of Stran & Company, Inc. stock in a transaction on Friday, May 20th. The shares were bought at an average price of $1.76 per share, with a total value of $31,680.00. Following the completion of the purchase, the treasurer now owns 5,118,000 shares in the company, valued at $9,007,680. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Andrew Shape bought 15,000 shares of the stock in a transaction dated Friday, May 20th. The stock was acquired at an average price of $1.76 per share, with a total value of $26,400.00. Following the completion of the purchase, the chief executive officer now owns 3,415,000 shares of the company’s stock, valued at approximately $6,010,400. The disclosure for this purchase can be found here. Insiders acquired 38,000 shares of company stock worth $66,930 over the last quarter.
Stran & Company, Inc provides outsourced marketing solutions. The company offers clients custom sourcing services; and e-commerce solutions for promoting branded merchandise and other promotional products, managing promotional loyalty and incentives, print collateral and event assets, order and inventory management, designing and hosting online retail popup shops, fixed public retail online stores, and online business-to-business service offerings.
- Get a free copy of the StockNews.com research report on Stran & Company, Inc. (STRNW)
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