The GrowHub Limited (NASDAQ:TGHL – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 60,698 shares, a decrease of 41.1% from the September 15th total of 103,091 shares. Based on an average daily trading volume, of 73,994 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are short sold.
GrowHub Stock Performance
Shares of NASDAQ:TGHL opened at $0.69 on Thursday. GrowHub has a 1 year low of $0.27 and a 1 year high of $2.48. The stock’s 50-day moving average is $0.83 and its 200 day moving average is $0.63.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of GrowHub in a report on Friday, August 21st. Wall Street Zen upgraded GrowHub to a “hold” rating in a research report on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
About GrowHub
GrowHub, also known as The GrowHub Limited (NASDAQ: TGHL), is a technology company focused on sustainability, traceability and digital solutions for the agriculture, food and consumer-products industries. Its platform is designed to help businesses collect, manage and communicate information about products and supply chains.
The company’s offerings include tools intended to improve supply-chain visibility, support product traceability and help organizations assess environmental and sustainability data.
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