Wall Street Zen Upgrades Safety Shot (NASDAQ:SHOT) to "Sell"

Wall Street Zen upgraded shares of Safety Shot (NASDAQ:SHOT - Free Report) to a sell rating in a research note issued to investors on Friday.

Safety Shot Stock Up 7.3%

Shares of SHOT stock traded up $0.05 on Friday, reaching $0.74. The company had a trading volume of 13,555,601 shares, compared to its average volume of 1,847,256. Safety Shot has a one year low of $0.23 and a one year high of $1.77. The business's 50-day moving average is $0.36 and its 200 day moving average is $0.44.

Safety Shot (NASDAQ:SHOT - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $0.04 million for the quarter.

Institutional Trading of Safety Shot

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new stake in shares of Safety Shot during the 4th quarter worth approximately $33,000. Jane Street Group LLC lifted its stake in Safety Shot by 397.7% during the 4th quarter. Jane Street Group LLC now owns 102,267 shares of the company's stock valued at $74,000 after acquiring an additional 81,720 shares in the last quarter. XTX Topco Ltd bought a new position in Safety Shot during the 1st quarter valued at $59,000. Finally, Geode Capital Management LLC lifted its stake in Safety Shot by 13.3% during the 4th quarter. Geode Capital Management LLC now owns 491,743 shares of the company's stock valued at $354,000 after acquiring an additional 57,876 shares in the last quarter. Institutional investors and hedge funds own 12.55% of the company's stock.

About Safety Shot

Safety Shot, Inc, a wellness and functional beverage company, researches and develops over-the-counter products and intellectual property. The company offers Safety Shot Beverage, an over-the-counter drink that lowers blood alcohol content. It also develops Photocil to address psoriasis and vitiligo; JW-700 to treat hair loss; JW-500 for women's sexual wellness; and NoStingz, a jellyfish sting prevention sunscreen.