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

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 207,400 shares, a growth of 261.3% from the November 30th total of 57,400 shares. Approximately 13.5% of the shares of the company are short sold. Based on an average daily trading volume, of 425,000 shares, the days-to-cover ratio is currently 0.5 days.

AgriFORCE Growing Systems Price Performance

NASDAQ AGRI traded down $0.11 during trading hours on Friday, hitting $2.54. The company’s stock had a trading volume of 111,223 shares, compared to its average volume of 213,009. AgriFORCE Growing Systems has a 12 month low of $2.03 and a 12 month high of $70.60. The company’s 50 day simple moving average is $3.98 and its two-hundred day simple moving average is $5.81. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.62 and a quick ratio of 0.60.

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.