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

AGRZ (NASDAQ:AGRZ) saw a large 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 company’s stock are sold short. Based on an average daily trading volume, of 10,620,746 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AGRZ. XTX Topco Ltd bought a new stake in shares of AGRZ during the 4th quarter valued at approximately $28,000. HRT Financial LP acquired a new stake in AGRZ in the fourth quarter valued at approximately $33,000. Finally, Jane Street Group LLC bought a new stake in shares of AGRZ during the fourth quarter worth $67,000.

AGRZ Trading Down 7.9%

NASDAQ AGRZ opened at $0.23 on Thursday. The company has a 50 day moving average of $0.33 and a 200-day moving average of $0.39. AGRZ has a 1-year low of $0.17 and a 1-year high of $7.20.

Wall Street Analysts Forecast Growth

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