Agrify Co. (NASDAQ:AGFY – Get Free Report) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 378,600 shares, a growth of 19.1% from the May 15th total of 317,900 shares. Currently, 3.9% of the shares of the company are short sold. Based on an average daily volume of 1,200,000 shares, the short-interest ratio is presently 0.3 days.
Agrify Stock Performance
NASDAQ AGFY opened at $0.27 on Friday. The business’s fifty day moving average is $0.30 and its 200 day moving average is $0.65. The company has a market capitalization of $3.90 million, a PE ratio of -0.05 and a beta of 1.88. Agrify has a fifty-two week low of $0.25 and a fifty-two week high of $4.19.
Agrify (NASDAQ:AGFY – Get Free Report) last posted its quarterly earnings results on Monday, April 15th. The company reported $0.35 EPS for the quarter. The business had revenue of $2.86 million for the quarter.
Institutional Investors Weigh In On Agrify A hedge fund recently raised its stake in Agrify stock. AXS Investments LLC boosted its stake in shares of Agrify Co. (NASDAQ:AGFY – Free Report) by 47.0% during the 4th quarter,
