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

AGRZ (NASDAQ:AGRZ) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 91,539 shares, a decline of 85.5% from the July 30th total of 632,907 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 376,384 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On AGRZ

Several institutional investors have recently bought and sold shares of AGRZ. XTX Topco Ltd acquired a new stake in shares of AGRZ in the 4th quarter worth $28,000. HRT Financial LP acquired a new position in shares of AGRZ during the fourth quarter worth about $33,000. Finally, Jane Street Group LLC acquired a new position in shares of AGRZ during the fourth quarter worth about $67,000.

Analyst Upgrades and Downgrades

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

AGRZ Stock Performance

AGRZ stock traded up $0.01 during trading on Thursday, hitting $0.24. The company had a trading volume of 205,216 shares, compared to its average volume of 4,073,072. The firm has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.38. AGRZ has a 1-year low of $0.17 and a 1-year high of $7.20.

AGRZ Company Profile

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.