Signing Day Sports, Inc. (NYSEAMERICAN:SGN) Sees Significant Growth in Short Interest

Signing Day Sports, Inc. (NYSEAMERICAN:SGN) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 167,100 shares, a growth of 261.7% from the September 30th total of 46,200 shares. Based on an average trading volume of 10,440,000 shares, the short-interest ratio is currently 0.0 days. Approximately 1.7% of the shares of the company are sold short.

Institutional Investors Weigh In On Signing Day Sports

A hedge fund recently raised its stake in Signing Day Sports stock. EverSource Wealth Advisors LLC increased its position in Signing Day Sports, Inc. (NYSEAMERICAN:SGN) by 29.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,458,500 shares of the company’s stock after acquiring an additional 330,000 shares during the period. EverSource Wealth Advisors LLC’s holdings in Signing Day Sports were worth $387,000 as of its most recent SEC filing.

Signing Day Sports Stock Performance

NYSEAMERICAN SGN remained flat at $0.23 on Friday. The company’s stock had a trading volume of 220,495 shares, compared to its average volume of 3,480,076. Signing Day Sports has a 52 week low of $0.11 and a 52 week high of $5.09.

About Signing Day Sports

Signing Day Sports, Inc, a technology company, engages in developing and operating platforms to give student-athletes the opportunity to go to college and continue playing sports. The company offers Signing Day Sports, a sports recruitment platform that help athletes get discovered and recruited by coaches and recruiters across the country.