Agrify Co. (NASDAQ:AGFY – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 317,900 shares, an increase of 37.9% from the April 30th total of 230,600 shares. Based on an average daily volume of 1,650,000 shares, the short-interest ratio is presently 0.2 days. Currently, 3.3% of the company’s stock are short sold.
Agrify Trading Down 7.3 %
Shares of AGFY stock opened at $0.29 on Thursday. The company has a market cap of $4.16 million, a P/E ratio of -0.05 and a beta of 1.87. Agrify has a 12 month low of $0.25 and a 12 month high of $4.93. The firm has a fifty day moving average price of $0.32 and a 200 day moving average price of $0.76.
Agrify (NASDAQ:AGFY – Get Free Report) last posted its quarterly earnings results on Monday, April 15th. The company reported $0.35 earnings per share (EPS) for the quarter. The firm had revenue of $2.86 million for the quarter.
Institutional Trading of Agrify An institutional investor recently raised its position in Agrify stock. AXS Investments LLC increased its position in shares of Agrify Co.