urban-gro, Inc. (NASDAQ:UGRO) Short Interest Update

urban-gro, Inc. (NASDAQ:UGRO) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 37,894 shares, a decline of 55.9% from the January 15th total of 85,960 shares. Based on an average daily volume of 656,337 shares, the short-interest ratio is currently 0.1 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 656,337 shares, the short-interest ratio is currently 0.1 days.

urban-gro Trading Up 0.3%

Shares of UGRO stock opened at $3.66 on Thursday. urban-gro has a 12 month low of $2.84 and a 12 month high of $21.50. The stock has a market cap of $2.51 million, a P/E ratio of -0.05 and a beta of 1.84. The company has a 50 day simple moving average of $6.11 and a two-hundred day simple moving average of $8.68.

Hedge Funds Weigh In On urban-gro

A hedge fund recently bought a new stake in urban-gro stock. Virtu Financial LLC purchased a new stake in shares of urban-gro, Inc. (NASDAQ:UGRO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 97,267 shares of the company’s stock, valued at approximately $40,000. Virtu Financial LLC owned 0.77% of urban-gro as of its most recent filing with the Securities & Exchange Commission. 20.56% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of urban-gro in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

About urban-gro

Urban-gro, Inc is a provider of cultivation solutions for the regulated cannabis and controlled environment agriculture markets. The company specializes in engineering, procurement and construction management for both indoor and greenhouse facilities. Its core offerings include professional-grade horticultural lighting systems, fertigation and nutrient distribution equipment, HVAC and environmental control solutions, as well as site assessment and project implementation services designed to optimize plant health and yield.

Complementing its hardware solutions, Urban-gro offers the Emerald Platform, a cloud-based monitoring and management software suite.