BranchOut Food Inc. (NASDAQ:BOF) Short Interest Update

BranchOut Food Inc. (NASDAQ:BOF) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 16,100 shares, a decrease of 46.9% from the March 31st total of 30,300 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 1,710,000 shares, the short-interest ratio is currently 0.0 days.

BranchOut Food Stock Performance

Shares of BranchOut Food stock traded up $0.19 on Friday, reaching $2.15. 17,000,974 shares of the company were exchanged, compared to its average volume of 5,506,503. The company has a current ratio of 2.15, a quick ratio of 1.72 and a debt-to-equity ratio of 0.05. BranchOut Food has a one year low of $1.04 and a one year high of $6.20. The company has a 50-day moving average of $1.92 and a 200 day moving average of $1.63.

BranchOut Food (NASDAQ:BOF) last issued its earnings results on Monday, April 1st. The company reported ($0.37) earnings per share for the quarter. The company had revenue of $1.48 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in BranchOut Food stock. Perritt Capital Management Inc. boosted its holdings in shares of BranchOut Food Inc. (NASDAQ:BOF) by 110.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,708 shares of the company’s stock after buying an additional 18,208 shares during the quarter. Perritt Capital Management Inc. owned approximately 0.88% of BranchOut Food worth $73,000 at the end of the most recent reporting period. Institutional investors own 2.59% of the company’s stock.

BranchOut Food Company Profile

BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.