Short Interest Change: What’s Next for SCOTTS LIQUID GOLD INCORPORATED (OTCMKTS:SLGD) After Having Less Shares Shorted?

November 16, 2016 - By Winifred Garcia   ·   0 Comments

Short Interest Change: What's Next for SCOTTS LIQUID GOLD INCORPORATED (OTCMKTS:SLGD) After Having Less Shares Shorted?

The stock of SCOTTS LIQUID GOLD INCORPORATED (OTCMKTS:SLGD) registered a decrease of 6.34% in short interest. SLGD’s total short interest was 19,200 shares in November as published by FINRA. Its down 6.34% from 20,500 shares, reported previously. With 48,400 shares average volume, it will take short sellers 0 days to cover their SLGD’s short positions. The stock closed at $1.33 during the last session. It is down 2.31% since April 14, 2016 and is uptrending. It has underperformed by 2.38% the S&P500.

Scott’s Liquid Gold-Inc. develops, manufactures, markets and sells household and skin and haircare products. The company has a market cap of $16.01 million. The Firm operates through two divisions: household products and skin and hair care products. It has a 13.96 P/E ratio. The Company’s products include Scott’s Liquid Gold, its wood cleaner and preservative; Alpha Hydrox, its skin care brand; Neoteric Diabetic product, which is specially developed to address the skin conditions of persons living with diabetes; Montagne Jeunesse face masque sachets, which are manufactured by another firm and distributed by it in the United States, and Batiste Dry Shampoo, which is manufactured by another firm and distributed by the Company to the specialty retailer channel in the United States.

SLGD Company Profile

Scott’s Liquid Gold-Inc., incorporated on February 15, 1954, through its subsidiaries, develops, makes, markets and sells household and skin and hair care products. The Firm operates through two divisions: household products and skin and hair care products. The Company’s products include Scott’s Liquid Gold, its wood cleaner and preservative; Alpha Hydrox, its skin care brand; Neoteric Diabetic product, which is specially developed to address the skin conditions of persons living with diabetes; Montagne Jeunesse face masque sachets, which are manufactured by another firm and distributed by it in the United States, and Batiste Dry Shampoo, which is manufactured by another firm and distributed by the Company to the specialty retailer channel in the United States under a distribution agreement with the manufacturer. The products in the household products segment include Scott’s Liquid Gold Wood Cleaner and Preservative; Scott’s Liquid Gold Floor Restore; Scott’s Liquid Gold Wood Wash; Scott’s Liquid Gold Dust ‘N Go Wipes, and Touch of Scent Air Freshener. The principal products in the skin and hair care products segment include Alpha Hydrox Skin Care Products; Neoteric Diabetic Healing Cream; Montagne Jeunesse Face Masque Sachets, and Batiste Dry Shampoos.

More notable recent Scott’s Liquid Gold Inc. (OTCMKTS:SLGD) news were published by: Businesswire.com which released: “Scott’s Liquid Gold-Inc. Acquires Prell®, Denorex® and Zincon® Brands” on July 07, 2016, also Bizjournals.com with their article: “Scott’s Liquid Gold CEO: ‘We’ve turned our company around'” published on June 11, 2014, 9News.com published: “Scott’s Liquid Gold buys one of America’s best-known shampoo brands” on July 08, 2016. More interesting news about Scott’s Liquid Gold Inc. (OTCMKTS:SLGD) were released by: Seekingalpha.com and their article: “Scott’s Liquid Gold: Positive Results Muted By Concerning Trends” published on May 19, 2016 as well as Denverpost.com‘s news article titled: “Shareholders unhappy with historic Scott’s Liquid Gold of Denver” with publication date: January 13, 2013.

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By Winifred Garcia


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