Dogness (International) (NASDAQ:DOGZ) Shares Up 3.3% – Here’s Why

Shares of Dogness (International) Co. (NASDAQ:DOGZ) traded up 3.3% on Wednesday . The stock traded as high as $40.86 and last traded at $40.66. 61,842 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 372,916 shares. The stock had previously closed at $39.36.

Dogness (International) Stock Performance

The company has a 50-day moving average of $45.97 and a 200-day moving average of $32.42. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.92 and a quick ratio of 1.56.

Institutional Trading of Dogness (International)

An institutional investor recently bought a new position in Dogness (International) stock. JPMorgan Chase & Co. acquired a new stake in Dogness (International) Co. (NASDAQ:DOGZ) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,703 shares of the company’s stock, valued at approximately $73,000. Institutional investors and hedge funds own 5.12% of the company’s stock.

About Dogness (International)

Dogness (International) Corporation, through its subsidiaries, designs, manufactures, and sells fashionable products for dogs and cats worldwide. The company provides pet leashes, pet collars, pet harnesses, and retractable leashes, as well as lanyards; gift suspenders, pet belt ribbons, laces, elastic belts, computer jacquard ribbons, and high-grade textile laces; mouth covers and pet charms; climbing hooks; and intelligent pet products, such as app-controlled pet feeders, pet water fountains, and smart pet toys, as well as pet shampoos.