AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Short Interest Down 37.0% in March

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 34,100 shares, a drop of 37.0% from the March 15th total of 54,100 shares. Based on an average trading volume of 3,700,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 1832 Asset Management L.P. acquired a new position in AgriFORCE Growing Systems in the first quarter valued at $81,000. Renaissance Technologies LLC boosted its holdings in AgriFORCE Growing Systems by 100.0% in the first quarter. Renaissance Technologies LLC now owns 33,800 shares of the company’s stock valued at $104,000 after acquiring an additional 16,900 shares during the last quarter. Jane Street Group LLC acquired a new position in AgriFORCE Growing Systems in the first quarter valued at $133,000. Finally, Virtu Financial LLC lifted its stake in shares of AgriFORCE Growing Systems by 293.0% during the first quarter. Virtu Financial LLC now owns 85,934 shares of the company’s stock worth $265,000 after purchasing an additional 64,068 shares in the last quarter. Institutional investors and hedge funds own 8.24% of the company’s stock.

AgriFORCE Growing Systems Price Performance

Shares of AgriFORCE Growing Systems stock opened at $0.16 on Friday. AgriFORCE Growing Systems has a twelve month low of $0.15 and a twelve month high of $35.76. The stock has a market capitalization of $3.56 million, a P/E ratio of -0.01 and a beta of 0.18. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.01. The business’s fifty day moving average price is $0.19 and its 200 day moving average price is $1.05.

AgriFORCE Growing Systems Company Profile

AgriFORCE Growing Systems Ltd., an agriculture-focused technology company, focuses on the development and commercialization of plant-based ingredients and products that deliver healthier and nutritious solutions. The company operates in two divisions, AgriFORCE Solutions and AgriFORCE Brands. It also offers management advisory services and holds intellectual property, as well as engages in the real estate holding and development activities.