BranchOut Food Inc (NASDAQ:BOF) Shares Are Down -4.40 Percent In A Week – But Can The Gains Continue?

In last trading session, BranchOut Food Inc (NASDAQ:BOF) saw 0.3 million shares changing hands with its beta currently measuring 0.71. Company’s recent per share price level of $1.74 trading at -$0.13 or -6.95% at ring of the bell on the day assigns it a market valuation of $13.66M. That closing price of BOF’s stock is at a discount of -136.21% from its 52-week high price of $4.11 and is indicating a premium of 64.94% from its 52-week low price of $0.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.13 million shares which gives us an average trading volume of 368.19K if we extend that period to 3-months.

BranchOut Food Inc (NASDAQ:BOF) trade information

Upright in the red during last session for losing -6.95%, in the last five days BOF remained trading in the red while hitting it’s week-highest on Wednesday, 01/08/25 when the stock touched $1.74 price level, adding 16.35% to its value on the day. BranchOut Food Inc’s shares saw a change of 0.58% in year-to-date performance and have moved -4.40% in past 5-day. BranchOut Food Inc (NASDAQ:BOF) showed a performance of -8.42% in past 30-days. Number of shares sold short was 0.31 million shares which calculate 0.48 days to cover the short interests.

BranchOut Food Inc (NASDAQ:BOF)’s Major holders

Insiders are in possession of 34.38% of company’s total shares while institution are holding 3.48 percent of that, with stock having share float percentage of 5.31%. Investors also watch the number of corporate investors in a company very closely, which is 3.48% institutions for BranchOut Food Inc that are currently holding shares of the company.

On the other hand, Fidelity Extended Market Index Fund and Fidelity Total Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 23.51 shares of worth $40903.0 or 0.30% of the total outstanding shares. The later fund manager was in possession of 11.78 shares on Nov 30, 2024 , making its stake of worth around $20504.0 in the company or a holder of 0.15% of company’s stock.