Agape ATP Corporation (NASDAQ:ATPC) Sees Significant Growth in Short Interest

Agape ATP Corporation (NASDAQ:ATPC) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,904,055 shares, an increase of 447,099.9% from the November 30th total of 873 shares. Currently, 8.6% of the shares of the company are short sold. Based on an average trading volume of 94,224,673 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 94,224,673 shares, the short-interest ratio is presently 0.0 days. Currently, 8.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Agape ATP

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC grew its holdings in Agape ATP Corporation (NASDAQ:ATPC) by 95.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,130 shares of the company’s stock after acquiring an additional 31,849 shares during the period. Citadel Advisors LLC owned about 0.13% of Agape ATP worth $82,000 as of its most recent filing with the Securities & Exchange Commission. 0.01% of the stock is owned by institutional investors.

Agape ATP Price Performance

ATPC opened at $0.12 on Thursday. The company has a 50 day simple moving average of $1.01 and a two-hundred day simple moving average of $1.22. The firm has a market cap of $5.80 million, a P/E ratio of -0.40 and a beta of -1.04. Agape ATP has a 1-year low of $0.05 and a 1-year high of $2.93.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Agape ATP in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Agape ATP presently has an average rating of “Sell”.

About Agape ATP

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names. The company's products include ATP1s Survivor Select that contains various essential nutrients required by the human body to maintain normal metabolism; ATP3 Ionized Cal-Mag, a calcium and magnesium minerals supplement; ATP4 Omega Blend, an oil blend that provides a bio-effective balance of essential fatty acids, omega 3, and omega 6; ATP5 BetaMaxx, a natural immune enhancer; AGN-Vege Fruit Fiber, a nutrition-based formulation for intestines and stomach; AGP1-Iron to improve iron deficiency anemia; and YFA-Young Formula, an anti-aging and youthful maintenance supplement.