Ag Growth International Inc. (OTCMKTS:AGGZF) Sees Significant Growth in Short Interest

Ag Growth International Inc. (OTCMKTS:AGGZF) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 258,000 shares, an increase of 23.3% from the May 31st total of 209,200 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is presently 135.8 days.

Ag Growth International Trading Up 0.4 %

Shares of AGGZF opened at $36.13 on Friday. The stock has a 50 day simple moving average of $37.50 and a 200 day simple moving average of $40.73. Ag Growth International has a 52-week low of $33.57 and a 52-week high of $47.11.

Ag Growth International Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be given a $0.1093 dividend. The ex-dividend date is Friday, June 28th. This represents a yield of 1.15%. Ag Growth International’s dividend payout ratio is currently 77.61%.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.