Laird Superfood, Inc. (NYSEAMERICAN:LSF) Short Interest Update

Laird Superfood, Inc. (NYSEAMERICAN:LSF - Get Free Report) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 18,400 shares, a drop of 28.4% from the May 15th total of 25,700 shares. Based on an average daily volume of 61,600 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

Laird Superfood Trading Down 4.6%

Laird Superfood stock traded down $0.29 during midday trading on Thursday, reaching $6.04. The company's stock had a trading volume of 46,731 shares, compared to its average volume of 96,178. The firm's 50-day moving average is $6.34. The firm has a market cap of $63.84 million, a PE ratio of -60.40 and a beta of 2.22. Laird Superfood has a 52 week low of $3.40 and a 52 week high of $10.90.

Hedge Funds Weigh In On Laird Superfood

A number of hedge funds have recently bought and sold shares of LSF. Hillsdale Investment Management Inc. bought a new position in shares of Laird Superfood during the 4th quarter worth approximately $101,000. Renaissance Technologies LLC lifted its position in shares of Laird Superfood by 20.0% during the 4th quarter. Renaissance Technologies LLC now owns 313,800 shares of the company's stock valued at $2,473,000 after acquiring an additional 52,300 shares during the period. Walleye Capital LLC bought a new position in Laird Superfood during the fourth quarter worth $471,000. Jump Financial LLC acquired a new stake in Laird Superfood in the fourth quarter worth $87,000. Finally, Marshall Wace LLP acquired a new stake in Laird Superfood in the fourth quarter worth $1,422,000. Institutional investors own 8.56% of the company's stock.

Laird Superfood Company Profile

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.