Agrify Co. (NASDAQ:AGFY) Short Interest Update

Agrify Co. (NASDAQ:AGFY) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 78,100 shares, a decline of 38.2% from the November 15th total of 126,300 shares. Based on an average daily trading volume, of 539,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 26.0% of the shares of the stock are short sold.

Agrify Stock Performance

Shares of NASDAQ AGFY opened at $40.00 on Friday. The firm has a market cap of $61.20 million, a price-to-earnings ratio of -2.85 and a beta of 10.31. Agrify has a one year low of $2.71 and a one year high of $84.44. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.75 and a quick ratio of 0.10. The stock’s fifty day moving average price is $18.41 and its two-hundred day moving average price is $9.19.

Insider Activity at Agrify

In related news, insider David Aaron Kessler sold 13,598 shares of the business’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $37.44, for a total value of $509,109.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Max Holtzman sold 1,097 shares of Agrify stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $41.71, for a total transaction of $45,755.87. The disclosure for this sale can be found here. Company insiders own 51.00% of the company’s stock.

Agrify Company Profile

Agrify Corporation offers hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. It offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products.