Agape ATP Corporation (NASDAQ:ATPC) Sees Large Drop in Short Interest

Agape ATP Corporation (NASDAQ:ATPC) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 21,129 shares, a drop of 97.7% from the January 29th total of 936,137 shares. Currently, 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 249,268 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 249,268 shares, the short-interest ratio is presently 0.1 days. Currently, 2.2% of the shares of the stock are short sold.

Agape ATP Price Performance

Shares of NASDAQ:ATPC opened at $1.86 on Thursday. The business’s 50 day moving average is $3.98 and its 200 day moving average is $40.35. The stock has a market cap of $1.86 million, a P/E ratio of -0.13 and a beta of -0.35. Agape ATP has a 52-week low of $1.79 and a 52-week high of $128.25.

Analysts Set New Price Targets

Several equities analysts have weighed in on ATPC shares. Wall Street Zen upgraded Agape ATP to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings restated a “sell (e+)” rating on shares of Agape ATP in a research report on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC lifted its holdings in Agape ATP Corporation (NASDAQ:ATPC) by 95.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 65,130 shares of the company’s stock after purchasing an additional 31,849 shares during the period. Citadel Advisors LLC owned about 0.13% of Agape ATP worth $82,000 at the end of the most recent quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.

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.