Short Interest in A2Z Smart Technologies Corp. (NASDAQ:AZ) Rises By 343.1%

A2Z Smart Technologies Corp. (NASDAQ:AZGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 22,600 shares, a growth of 343.1% from the April 30th total of 5,100 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 108,600 shares, the short-interest ratio is presently 0.2 days.

A2Z Smart Technologies Trading Down 4.8 %

Shares of AZ stock traded down $0.02 during trading hours on Wednesday, hitting $0.40. The company had a trading volume of 31,956 shares, compared to its average volume of 96,111. A2Z Smart Technologies has a 12 month low of $0.34 and a 12 month high of $3.04. The firm’s fifty day moving average is $0.46 and its 200 day moving average is $0.94.

A2Z Smart Technologies (NASDAQ:AZGet Free Report) last announced its earnings results on Tuesday, April 2nd. The company reported ($0.06) EPS for the quarter. The business had revenue of $1.35 million during the quarter. A2Z Smart Technologies had a negative return on equity of 6,821.36% and a negative net margin of 152.23%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Red Door Wealth Management LLC grew its stake in A2Z Smart Technologies Corp. (NASDAQ:AZFree Report) by 100.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,000 shares of the company’s stock after purchasing an additional 15,000 shares during the quarter. Red Door Wealth Management LLC owned about 0.07% of A2Z Smart Technologies worth $41,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 12.64% of the company’s stock.

About A2Z Smart Technologies

(Get Free Report)

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.

Further Reading

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