AGRZ (NASDAQ:AGRZ) Sees Large Decrease in Short Interest

AGRZ (NASDAQ:AGRZ) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 20,704 shares, a drop of 40.7% from the September 30th total of 34,898 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average trading volume of 142,348 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of AGRZ in a research report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock has an average rating of “Sell”.

AGRZ Trading Down 14.5%

AGRZ traded down $0.35 during trading on Monday, hitting $2.05. 4,322 shares of the stock were exchanged, compared to its average volume of 214,219. AGRZ has a 1 year low of $2.12 and a 1 year high of $105.68. The firm has a 50 day simple moving average of $3.93 and a 200 day simple moving average of $6.77.

AGRZ (NASDAQ:AGRZ) last posted its earnings results on Monday, September 28th. The company reported $0.53 EPS for the quarter. The business had revenue of $5.61 million for the quarter.

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.