A2Z Smart Technologies Corp. (NASDAQ:AZ - Get Free Report) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 186,100 shares, an increase of 37.9% from the January 15th total of 135,000 shares. Based on an average trading volume of 103,600 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.5% of the company's stock are short sold.
NASDAQ AZ traded up $0.19 during trading hours on Friday, hitting $6.75. The company's stock had a trading volume of 127,245 shares, compared to its average volume of 94,248. The company has a market capitalization of $185.22 million, a PE ratio of -13.50 and a beta of 1.38. A2Z Smart Technologies has a 52 week low of $0.85 and a 52 week high of $7.80. The company's 50-day simple moving average is $6.82 and its two-hundred day simple moving average is $4.59.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Garnet Equity Capital Holdings Inc. purchased a new stake in shares of A2Z Smart Technologies during the 4th quarter valued at $1,986,000. IHT Wealth Management LLC bought a new position in A2Z Smart Technologies during the fourth quarter valued at about $1,156,000. Renaissance Technologies LLC purchased a new stake in A2Z Smart Technologies during the fourth quarter worth about $287,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in A2Z Smart Technologies in the fourth quarter worth about $3,619,000. 12.64% of the stock is currently owned by hedge funds and other institutional investors.
A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.
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