AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Short Interest Update

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 233,700 shares, a growth of 166.5% from the August 15th total of 87,700 shares. Currently, 17.8% of the company’s shares are sold short. Based on an average trading volume of 509,300 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 509,300 shares, the short-interest ratio is currently 0.5 days. Currently, 17.8% of the company’s shares are sold short.

AgriFORCE Growing Systems Price Performance

Shares of AGRI stock opened at $2.40 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.13 and a current ratio of 0.13. The company’s 50 day moving average price is $4.12 and its two-hundred day moving average price is $9.70. AgriFORCE Growing Systems has a 52 week low of $2.20 and a 52 week high of $102.60.

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