AGRZ (NASDAQ:AGRZ) Short Interest Down 35.8% in June

AGRZ (NASDAQ:AGRZ) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 159,141 shares, a decrease of 35.8% from the June 15th total of 247,950 shares. Based on an average daily volume of 76,541 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.7% of the company’s shares are sold short.

AGRZ Stock Performance

Shares of AGRZ stock traded down $0.01 during midday trading on Friday, reaching $0.33. 792 shares of the stock were exchanged, compared to its average volume of 3,049,990. AGRZ has a 1 year low of $0.20 and a 1 year high of $7.20. The company has a 50 day simple moving average of $0.34.

Institutional Investors Weigh In On AGRZ

Several hedge funds have recently made changes to their positions in the company. XTX Topco Ltd purchased a new stake in AGRZ in the fourth quarter worth $28,000. HRT Financial LP bought a new position in AGRZ in the fourth quarter worth $33,000. Finally, Jane Street Group LLC purchased a new position in AGRZ during the fourth quarter valued at $67,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of AGRZ from a “sell (e)” rating to a “sell (d-)” rating in a research note on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus 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.