AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) Short Interest Up 162.7% in June

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,770,000 shares, an increase of 162.7% from the May 31st total of 673,700 shares. Approximately 2.8% of the company’s stock are sold short. Based on an average trading volume of 17,700,000 shares, the days-to-cover ratio is currently 0.1 days.

AgriFORCE Growing Systems Price Performance

Shares of AGRI opened at $0.09 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.82 and a current ratio of 0.82. The company’s fifty day simple moving average is $0.11 and its 200 day simple moving average is $0.22. AgriFORCE Growing Systems has a 1-year low of $0.08 and a 1-year high of $15.50.

AgriFORCE Growing Systems (NASDAQ:AGRI) last released its quarterly earnings data on Wednesday, May 15th. The company reported ($0.26) EPS for the quarter.

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.