Agape ATP Corporation (NASDAQ:ATPC) Sees Significant Decline in Short Interest

Agape ATP Corporation (NASDAQ:ATPC) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 936,137 shares, a decline of 25.9% from the January 15th total of 1,263,530 shares. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily volume of 9,841,551 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 9,841,551 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.9% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ATPC shares. Wall Street Zen raised Agape ATP to a “hold” rating in a research note on Saturday. Weiss Ratings restated a “sell (e+)” rating on shares of Agape ATP in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Agape ATP Stock Performance

Shares of ATPC opened at $2.26 on Monday. The stock has a fifty day moving average price of $7.06 and a two-hundred day moving average price of $43.87. Agape ATP has a 52-week low of $1.96 and a 52-week high of $128.25. The company has a market cap of $2.26 million, a price-to-earnings ratio of -0.16 and a beta of -0.34.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Agape ATP stock. Citadel Advisors LLC boosted its stake in shares of Agape ATP Corporation (NASDAQ:ATPC) by 95.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 65,130 shares of the company’s stock after acquiring an additional 31,849 shares during the quarter. Citadel Advisors LLC owned approximately 0.13% of Agape ATP worth $82,000 as of its most recent SEC filing. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About Agape ATP

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names. The company's products include ATP1s Survivor Select that contains various essential nutrients required by the human body to maintain normal metabolism; ATP3 Ionized Cal-Mag, a calcium and magnesium minerals supplement; ATP4 Omega Blend, an oil blend that provides a bio-effective balance of essential fatty acids, omega 3, and omega 6; ATP5 BetaMaxx, a natural immune enhancer; AGN-Vege Fruit Fiber, a nutrition-based formulation for intestines and stomach; AGP1-Iron to improve iron deficiency anemia; and YFA-Young Formula, an anti-aging and youthful maintenance supplement.