Short Interest in AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Increases By 29.2%

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 62,000 shares, an increase of 29.2% from the March 15th total of 48,000 shares. Approximately 3.6% of the shares of the company are short sold. Based on an average daily volume of 109,400 shares, the days-to-cover ratio is currently 0.6 days.

AgriFORCE Growing Systems Stock Down 2.2 %

Shares of AgriFORCE Growing Systems stock opened at $1.31 on Friday. The company’s 50-day simple moving average is $1.44 and its 200-day simple moving average is $2.85. AgriFORCE Growing Systems has a 52-week low of $1.00 and a 52-week high of $19.08. The company has a current ratio of 0.62, a quick ratio of 0.60 and a debt-to-equity ratio of 0.01.

Hedge Funds Weigh In On AgriFORCE Growing Systems

A hedge fund recently bought a new stake in AgriFORCE Growing Systems stock. Virtu Financial LLC acquired a new stake in shares of AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,694 shares of the company’s stock, valued at approximately $49,000. Virtu Financial LLC owned about 2.05% of AgriFORCE Growing Systems at the end of the most recent reporting period. Hedge funds and other institutional investors own 8.24% of the company’s stock.

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.