Short Interest in AGRZ (NASDAQ:AGRZ) Decreases By 68.1%

AGRZ (NASDAQ:AGRZ) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 50,842 shares, a decrease of 68.1% from the June 30th total of 159,141 shares. Based on an average trading volume of 178,826 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On AGRZ

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in AGRZ in the 4th quarter worth approximately $67,000. HRT Financial LP acquired a new stake in AGRZ in the fourth quarter valued at approximately $33,000. Finally, XTX Topco Ltd purchased a new stake in shares of AGRZ during the fourth quarter valued at approximately $28,000.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of AGRZ from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

AGRZ Price Performance

Shares of NASDAQ AGRZ traded down $0.01 on Monday, hitting $0.29. The company had a trading volume of 12,629 shares, compared to its average volume of 2,922,259. AGRZ has a 12-month low of $0.20 and a 12-month high of $7.20. The company has a 50 day moving average price of $0.34.

AGRZ Company Profile

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.