AGRZ (NASDAQ:AGRZ) Short Interest Up 1,144.9% in July

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

Institutional Investors Weigh In On AGRZ

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new position in shares of AGRZ in the fourth quarter worth approximately $28,000. Jane Street Group LLC purchased a new position in shares of AGRZ during the 4th quarter valued at $67,000. Finally, HRT Financial LP purchased a new position in shares of AGRZ during the 4th quarter valued at $33,000.

AGRZ Trading Down 12.5%

Shares of NASDAQ:AGRZ traded down $0.04 during midday trading on Tuesday, hitting $0.25. The company had a trading volume of 1,049,427 shares, compared to its average volume of 6,460,191. AGRZ has a 12-month low of $0.17 and a 12-month high of $7.20. The company has a fifty day moving average of $0.33 and a two-hundred day moving average of $0.39.

Analyst Ratings Changes

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

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.