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

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 88,700 shares, adeclineof44.2% from the July 15th total of 158,900 shares. Currently,7.5% of the shares of the company are sold short. Based on an average trading volume of 338,400 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 338,400 shares, the short-interest ratio is presently 0.3 days. Currently,7.5% of the shares of the company are sold short.

AgriFORCE Growing Systems Trading Down 0.9%

Shares of NASDAQ:AGRI opened at $3.22 on Monday. The firm’s 50-day simple moving average is $6.63 and its 200-day simple moving average is $11.52. The company has a quick ratio of 0.33, a current ratio of 0.34 and a debt-to-equity ratio of 0.01. AgriFORCE Growing Systems has a fifty-two week low of $2.97 and a fifty-two week high of $102.60.

AgriFORCE Growing Systems (NASDAQ:AGRI) last issued its earnings results on Thursday, August 14th. The company reported ($8.26) earnings per share for the quarter. The firm had revenue of $0.45 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of AgriFORCE Growing Systems to a “sell” rating in a 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.