BranchOut Food Inc. (NASDAQ:BOF) Short Interest Up 58.7% in June

BranchOut Food Inc. (NASDAQ:BOF) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 95,700 shares, an increase of 58.7% from the June 15th total of 60,300 shares. Approximately 2.8% of the company’s stock are sold short. Based on an average trading volume of 2,090,000 shares, the short-interest ratio is currently 0.0 days.

BranchOut Food Price Performance

Shares of BOF opened at $0.76 on Friday. The firm has a market cap of $3.23 million and a PE ratio of -0.54. The company has a current ratio of 1.46, a quick ratio of 1.32 and a debt-to-equity ratio of 0.05. The firm has a fifty day simple moving average of $1.42 and a two-hundred day simple moving average of $1.63. BranchOut Food has a 1-year low of $0.66 and a 1-year high of $3.60.

BranchOut Food (NASDAQ:BOF) last announced its earnings results on Tuesday, May 14th. The company reported ($0.26) earnings per share for the quarter. The company had revenue of $1.47 million for the quarter. BranchOut Food had a negative net margin of 100.10% and a negative return on equity of 143.59%.

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.