Short Interest in AGRZ (NASDAQ:AGRZ) Grows By 1,144.9%

AGRZ (NASDAQ:AGRZ) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 632,907 shares, a growth of 1,144.9% from the July 15th total of 50,842 shares. Based on an average daily volume of 10,620,746 shares, the days-to-cover ratio is currently 0.1 days. Approximately 2.9% of the company’s stock are short sold.

Hedge Funds Weigh In On AGRZ

A number of hedge funds and other institutional investors have recently modified their holdings of the business. XTX Topco Ltd bought a new position in shares of AGRZ in the fourth quarter valued at approximately $28,000. Jane Street Group LLC bought a new position in AGRZ in the 4th quarter valued at $67,000. Finally, HRT Financial LP purchased a new stake in shares of AGRZ during the 4th quarter valued at $33,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded AGRZ from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

AGRZ Price Performance

AGRZ opened at $0.25 on Wednesday. The company’s 50-day moving average is $0.33 and its 200 day moving average is $0.39. AGRZ has a fifty-two week low of $0.17 and a fifty-two week high of $7.20.

About AGRZ

Agroz Inc is a fully vertically integrated agricultural technology company designing, building, managing and operating indoor Controlled Environment Agriculture vertical farms. Agroz Inc is based in KUALA LUMPUR, Malaysia.