AGRZ (NASDAQ:AGRZ) Stock Short Interest Climbs 149.1%

AGRZ (NASDAQ:AGRZ) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 672,922 shares, an increase of 149.1% from the August 31st total of 270,107 shares. Based on an average trading volume of 18,598,542 shares, the short-interest ratio is currently 0.0 days. Approximately 3.1% of the company’s shares are short sold.

AGRZ Stock Performance

AGRZ stock traded down $0.01 during midday trading on Friday, hitting $0.19. The company’s stock had a trading volume of 490,578 shares, compared to its average volume of 9,625,532. AGRZ has a 52-week low of $0.17 and a 52-week high of $7.20. The firm has a 50-day simple moving average of $0.26 and a 200-day simple moving average of $0.35.

Shares of AGRZ are scheduled to reverse split on Tuesday, September 29th. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, September 28th.

Wall Street Analyst Weigh In

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

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.