AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Sees Significant Decline in Short Interest

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 54,100 shares, a decline of 67.6% from the February 29th total of 167,000 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 3,480,000 shares, the short-interest ratio is presently 0.0 days.

AgriFORCE Growing Systems Price Performance

Shares of NASDAQ AGRI opened at $0.18 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.17 and a quick ratio of 0.16. AgriFORCE Growing Systems has a fifty-two week low of $0.15 and a fifty-two week high of $39.00. The stock has a market capitalization of $260,427.00, a PE ratio of -0.01 and a beta of 0.15. The business has a fifty day moving average price of $0.23 and a two-hundred day moving average price of $1.48.

Hedge Funds Weigh In On AgriFORCE Growing Systems

A number of institutional investors have recently modified their holdings of AGRI. Virtu Financial LLC increased its holdings in AgriFORCE Growing Systems by 293.0% in the 1st quarter. Virtu Financial LLC now owns 85,934 shares of the company’s stock worth $265,000 after purchasing an additional 64,068 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of AgriFORCE Growing Systems during the 1st quarter valued at about $133,000. 1832 Asset Management L.P. bought a new stake in shares of AgriFORCE Growing Systems during the 1st quarter valued at about $81,000. Finally, Renaissance Technologies LLC raised its stake in AgriFORCE Growing Systems by 100.0% during the 1st quarter. Renaissance Technologies LLC now owns 33,800 shares of the company’s stock worth $104,000 after buying an additional 16,900 shares during the period. Institutional investors and hedge funds own 8.24% of the company’s stock.

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.