The GrowHub Limited (NASDAQ:TGHL) Short Interest Update

The GrowHub Limited (NASDAQ:TGHL) saw a large growth in short interest in 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 company are sold short. Based on an average daily volume of 162,344 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

TGHL has been the topic of several research analyst reports. Wall Street Zen raised GrowHub to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings reissued a “sell (e+)” rating on shares of GrowHub in a research report on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, GrowHub currently has an average rating of “Sell”.

GrowHub Stock Up 2.9%

NASDAQ TGHL opened at $0.79 on Friday. GrowHub has a 52 week low of $0.27 and a 52 week high of $2.48. The firm’s 50-day simple moving average is $0.85 and its two-hundred day simple moving average is $0.60.

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.