urban-gro, Inc. (NASDAQ:UGRO) Short Interest Update

urban-gro, Inc. (NASDAQ:UGRO) saw a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 23,810 shares, a decline of 37.2% from the January 29th total of 37,894 shares. Based on an average daily volume of 69,223 shares, the days-to-cover ratio is currently 0.3 days. Approximately 3.6% of the company’s shares are short sold. Approximately 3.6% of the company’s shares are short sold. Based on an average daily volume of 69,223 shares, the days-to-cover ratio is currently 0.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of urban-gro in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

urban-gro Stock Up 1.6%

UGRO opened at $2.48 on Friday. urban-gro has a twelve month low of $2.02 and a twelve month high of $21.50. The company has a fifty day moving average of $5.09 and a 200-day moving average of $8.05. The stock has a market cap of $1.86 million, a PE ratio of -0.03 and a beta of 1.84.

urban-gro (NASDAQ:UGRO) last released its earnings results on Tuesday, February 3rd. The company reported ($9.14) earnings per share (EPS) for the quarter. The company had revenue of $9.51 million for the quarter.

Institutional Investors Weigh In On urban-gro

An institutional investor recently raised its position in urban-gro stock. Citadel Advisors LLC boosted its holdings in urban-gro, Inc. (NASDAQ:UGRO) by 162.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 72,167 shares of the company’s stock after purchasing an additional 44,667 shares during the quarter. Citadel Advisors LLC owned about 0.57% of urban-gro worth $30,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 20.56% of the company’s stock.

urban-gro Company Profile

Urban-gro, Inc is a provider of cultivation solutions for the regulated cannabis and controlled environment agriculture markets. The company specializes in engineering, procurement and construction management for both indoor and greenhouse facilities. Its core offerings include professional-grade horticultural lighting systems, fertigation and nutrient distribution equipment, HVAC and environmental control solutions, as well as site assessment and project implementation services designed to optimize plant health and yield.

Complementing its hardware solutions, Urban-gro offers the Emerald Platform, a cloud-based monitoring and management software suite.