Is BranchOut Food Inc (NASDAQ: BOF) A Disaster Waiting To Happen Or Is It A Chance To Make Money?

In the latest trading session, 0.53 million BranchOut Food Inc (NASDAQ:BOF) shares changed hands as the company’s beta touched 1.04. With the company’s most recent per share price at $1.90 changing hands around $0.04 or 2.20% at last look, the market valuation stands at $16.25M. BOF’s current price is a discount, trading about -116.32% off its 52-week high of $4.11. The share price had its 52-week low at $0.61, which suggests the last value was 67.89% up since then. When we look at BranchOut Food Inc’s average trading volume, we note the 10-day average is 0.11 million shares, with the 3-month average coming to 152.13K.

BranchOut Food Inc (NASDAQ:BOF) trade information

Instantly BOF is in green as seen in intraday trades today. With action -4.47%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 9.88%, with the 5-day performance at -4.47% in the red. However, in the 30-day time frame, BranchOut Food Inc (NASDAQ:BOF) is -12.40% down. Looking at the short shares, we see there were 0.23 million shares sold at short interest cover period of 1.68 days.

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

If we look at who the major shareholders are, we find that insiders hold 27.15% of BranchOut Food Inc shares while 4.59% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 6.30%.

Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. With 49.84 shares estimated at $94694.0 under it, the former controlled 0.58% of total outstanding shares. On the other hand, Fidelity Extended Market Index Fund held about 0.27% of the shares, roughly 23.32 shares worth around $44307.0.