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

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 283,700 shares, a drop of 57.0% from the September 30th total of 660,500 shares. Based on an average daily volume of 2,550,000 shares, the short-interest ratio is presently 0.1 days. Currently, 14.3% of the company’s shares are short sold. Currently, 14.3% of the company’s shares are short sold. Based on an average daily volume of 2,550,000 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e)” rating on shares of AgriFORCE Growing Systems in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, AgriFORCE Growing Systems has an average rating of “Sell”.

AgriFORCE Growing Systems Stock Performance

Shares of AgriFORCE Growing Systems stock opened at $3.22 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. AgriFORCE Growing Systems has a 12 month low of $2.20 and a 12 month high of $54.90. The stock’s fifty day moving average price is $3.16 and its 200-day moving average price is $7.55.

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

About AgriFORCE Growing Systems

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.