Agape ATP Corporation (NASDAQ:ATPC) Short Interest Up 1,030.8% in March

Agape ATP Corporation (NASDAQ:ATPC) saw a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 463,134 shares, a growth of 1,030.8% from the February 26th total of 40,955 shares. Based on an average trading volume of 11,031,611 shares, the short-interest ratio is presently 0.0 days. Approximately 47.3% of the shares of the stock are short sold.

Agape ATP Trading Up 5.8%

Agape ATP stock opened at $2.37 on Thursday. The firm has a 50-day moving average of $3.03 and a 200-day moving average of $31.54. The firm has a market cap of $2.37 million and a P/E ratio of -0.16. Agape ATP has a 1-year low of $1.72 and a 1-year high of $128.25.

Analysts Set New Price Targets

A number of research analysts recently commented on ATPC shares. Wall Street Zen raised Agape ATP to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Agape ATP in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Agape ATP

A hedge fund recently raised its stake in Agape ATP stock. Citadel Advisors LLC raised its holdings in Agape ATP Corporation (NASDAQ:ATPC) by 95.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 65,130 shares of the company’s stock after buying an additional 31,849 shares during the quarter. Citadel Advisors LLC owned about 0.13% of Agape ATP worth $82,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

Agape ATP Company Profile

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.