Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Sees Significant Decline in Short Interest

Bioceres Crop Solutions Corp. (NASDAQ:BIOX) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 327,738 shares, a decrease of 64.1% from the August 15th total of 913,482 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average trading volume of 718,829 shares, the days-to-cover ratio is currently 0.5 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Bioceres Crop Solutions from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, July 13th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Bioceres Crop Solutions currently has an average rating of “Reduce” and a consensus target price of $2.00.

Institutional Trading of Bioceres Crop Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the business. Marshall Wace LLP grew its holdings in shares of Bioceres Crop Solutions by 180.0% in the fourth quarter. Marshall Wace LLP now owns 595,410 shares of the company’s stock worth $780,000 after purchasing an additional 382,744 shares during the last quarter. GAM Holding AG bought a new position in shares of Bioceres Crop Solutions during the 4th quarter worth $655,000. Ardsley Advisory Partners LP increased its stake in shares of Bioceres Crop Solutions by 691.7% during the fourth quarter. Ardsley Advisory Partners LP now owns 475,000 shares of the company’s stock valued at $622,000 after buying an additional 415,000 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Bioceres Crop Solutions during the third quarter valued at $315,000. Finally, State of Wisconsin Investment Board bought a new stake in shares of Bioceres Crop Solutions in the fourth quarter valued at about $247,000. 17.68% of the stock is currently owned by institutional investors.

Bioceres Crop Solutions Price Performance

Shares of Bioceres Crop Solutions stock traded up $0.02 during trading hours on Monday, reaching $0.44. The company’s stock had a trading volume of 157,475 shares, compared to its average volume of 523,681. The firm has a 50 day moving average price of $0.38 and a 200-day moving average price of $0.44. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.88 and a quick ratio of 0.70. The stock has a market cap of $27.69 million, a P/E ratio of -0.11 and a beta of 0.44. Bioceres Crop Solutions has a one year low of $0.30 and a one year high of $2.19.

About Bioceres Crop Solutions

Bioceres Crop Solutions Corp. is an agricultural biotechnology company focused on developing, manufacturing and commercializing a range of crop inputs designed to enhance yields and improve sustainability. The company’s portfolio includes biological seed treatments, inoculants for nitrogen fixation, specialty fertilizers and proprietary biopesticides, which are formulated to support plant health and resilience under varying environmental conditions.

Among its flagship offerings is the HB4 drought-tolerant wheat technology, the first genetically modified wheat developed to withstand water stress, which has received regulatory approval in several markets.