A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Down 33.2% in June

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 20,300 shares, a decrease of 33.2% from the May 31st total of 30,400 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 109,500 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On A2Z Smart Technologies

A hedge fund recently bought a new stake in A2Z Smart Technologies stock. Kestra Advisory Services LLC purchased a new stake in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 25,000 shares of the company’s stock, valued at approximately $41,000. Kestra Advisory Services LLC owned approximately 0.07% of A2Z Smart Technologies at the end of the most recent quarter. 12.64% of the stock is currently owned by institutional investors.

A2Z Smart Technologies Price Performance

AZ opened at $0.40 on Monday. A2Z Smart Technologies has a 12-month low of $0.34 and a 12-month high of $2.58. The firm has a 50 day moving average of $0.40 and a two-hundred day moving average of $0.78.

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

A2Z Smart Technologies Company Profile

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.