AGRZ (NASDAQ:AGRZ) Stock Short Interest Drops 94.8%

AGRZ (NASDAQ:AGRZ) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 34,898 shares, a decline of 94.8% from the September 15th total of 672,922 shares. Currently, 3.2% of the shares of the stock are sold short. Based on an average trading volume of 31,880 shares, the short-interest ratio is currently 1.1 days.

AGRZ Stock Performance

AGRZ opened at $4.42 on Friday. AGRZ has a twelve month low of $2.89 and a twelve month high of $144.00. The firm’s 50-day moving average price is $4.73 and its 200 day moving average price is $6.48.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised 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, AGRZ presently has an average 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.