Ag Growth International Inc. (OTCMKTS:AGGZF) Short Interest Update

Ag Growth International Inc. (OTCMKTS:AGGZF) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 209,000 shares, a drop of 5.0% from the November 15th total of 220,100 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 77.4 days.

Analyst Upgrades and Downgrades

Separately, Raymond James set a $62.00 price objective on shares of Ag Growth International and gave the stock a “market perform” rating in a research report on Friday, October 18th.

Ag Growth International Stock Performance

Shares of OTCMKTS AGGZF opened at $37.40 on Wednesday. The company’s 50-day moving average is $36.88 and its 200 day moving average is $38.42. Ag Growth International has a 1 year low of $33.57 and a 1 year high of $47.11.

Ag Growth International Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.1104 dividend. The ex-dividend date of this dividend was Friday, September 27th. This is an increase from Ag Growth International’s previous dividend of $0.11. This represents a dividend yield of 1.08%. 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.