The GrowHub Limited (NASDAQ:TGHL) Short Interest Update

The GrowHub Limited (NASDAQ:TGHL) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 103,091 shares, a growth of 54.2% from the August 31st total of 66,870 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 162,344 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of GrowHub to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings restated a “sell (e+)” rating on shares of GrowHub in a research report on Friday, August 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

GrowHub Price Performance

GrowHub stock opened at $0.76 on Friday. The firm has a fifty day simple moving average of $0.84 and a two-hundred day simple moving average of $0.60. GrowHub has a twelve month low of $0.27 and a twelve month high of $2.48.

GrowHub Company Profile

Our Company operates at the intersection of technology and supply chain management, focusing on enhancing product traceability and authenticity. With a commitment to innovation and sustainability, we have developed a multi-faceted approach to address industry challenges. Our business currently comprises two main divisions, which are the GrowHub Platform and our product trading facilitation offering, and we currently preparing for the launch of our third main business division, namely, the GrowHub Innovation Centre, which is expected to start generating material revenue by the end of the second quarter of 2025.