AGRZ (NASDAQ:AGRZ) Stock Short Interest Falls 40.7%

AGRZ (NASDAQ:AGRZ) saw a significant drop in short interest in October. As of October 15th, there was short interest totaling 20,704 shares, a drop of 40.7% from the September 30th total of 34,898 shares. Based on an average daily volume of 142,348 shares, the short-interest ratio is currently 0.1 days. Currently, 1.9% of the company’s stock are sold short.

AGRZ Price Performance

Shares of NASDAQ AGRZ traded down $0.38 during midday trading on Friday, reaching $2.40. The company’s stock had a trading volume of 29,808 shares, compared to its average volume of 87,362. AGRZ has a 12-month low of $2.34 and a 12-month high of $105.68. The firm has a 50 day moving average price of $3.93 and a 200-day moving average price of $6.77.

AGRZ (NASDAQ:AGRZ) last released its earnings results on Monday, September 28th. The company reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $5.61 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of AGRZ in a report on Friday, October 9th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has an average 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.