AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Sees Large Increase in Short Interest

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 158,900 shares, anincreaseof203.8% from the June 30th total of 52,300 shares. Currently,5.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 1,770,000 shares, the days-to-cover ratio is currently 0.1 days. Currently,5.6% of the shares of the stock are sold short.

AgriFORCE Growing Systems Trading Up 4.7%

AgriFORCE Growing Systems stock opened at $4.23 on Tuesday. The firm’s fifty day moving average price is $8.45 and its 200-day moving average price is $12.74. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.33 and a current ratio of 0.34. AgriFORCE Growing Systems has a fifty-two week low of $3.56 and a fifty-two week high of $102.60.

AgriFORCE Growing Systems (NASDAQ:AGRI) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($10.53) earnings per share for the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of AgriFORCE Growing Systems to a “sell” rating in a research report on Saturday, June 21st.

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.