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Scott Stanford Just Bet Big On Wag! Group (PET) Stock

Shares of Wag! Group (NASDAQ:PET) stock are soaring higher following a disclosure of ownership from ACME Capital’s Scott Stanford. Wag! operates as a pet marketplace that provides services such as pet-sitting, dog walking, pet healthcare and more.

PET stock is gaining recognition on social media as well. On Stocktwits, mentions of the PET ticker have increased by over 75%. Barron’s reports that the company has 128,290 shares sold short, equivalent to 3.31% of the public float. The low short interest does not seem to be enough to drive a significant short squeeze.

With that in mind, let’s get into the details of Stanford’s ownership.

This post originally appeared at InvestorPlace.