Agape ATP Corporation (NASDAQ:ATPC) Short Interest Up 93.8% in February

Agape ATP Corporation (NASDAQ:ATPC) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 40,955 shares, an increase of 93.8% from the February 12th total of 21,129 shares. Approximately 4.2% of the shares of the company are short sold. Based on an average trading volume of 50,039 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 50,039 shares, the days-to-cover ratio is presently 0.8 days. Approximately 4.2% of the shares of the company are short sold.

Agape ATP Stock Performance

ATPC traded down $1.21 during trading hours on Friday, reaching $4.44. The company’s stock had a trading volume of 973,119 shares, compared to its average volume of 5,652,425. The company’s 50-day moving average is $3.28 and its 200-day moving average is $35.33. Agape ATP has a 52 week low of $1.72 and a 52 week high of $128.25. The firm has a market cap of $4.44 million and a PE ratio of -0.31.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Agape ATP to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Agape ATP in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Institutional Trading of Agape ATP

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC boosted its position in Agape ATP Corporation (NASDAQ:ATPC) by 95.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,130 shares of the company’s stock after purchasing an additional 31,849 shares during the quarter. Citadel Advisors LLC owned about 0.13% of Agape ATP worth $82,000 at the end of the most recent reporting period. 0.01% of the stock is currently owned by institutional investors.

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.