A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Down 36.2% in February

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 118,800 shares, a decrease of 36.2% from the January 31st total of 186,100 shares. Based on an average daily volume of 108,300 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.9% of the company’s stock are sold short.

A2Z Smart Technologies Trading Up 2.8 %

AZ stock opened at $7.59 on Friday. The firm has a market cap of $208.30 million, a P/E ratio of -15.18 and a beta of 1.38. The stock’s 50 day simple moving average is $6.90 and its 200 day simple moving average is $5.03. A2Z Smart Technologies has a 12-month low of $0.85 and a 12-month high of $8.27.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of A2Z Smart Technologies in the 4th quarter worth approximately $3,619,000. Garnet Equity Capital Holdings Inc. acquired a new stake in shares of A2Z Smart Technologies in the 4th quarter worth about $1,986,000. IHT Wealth Management LLC bought a new stake in A2Z Smart Technologies in the 4th quarter valued at about $1,156,000. Finally, Renaissance Technologies LLC acquired a new position in A2Z Smart Technologies during the 4th quarter valued at about $287,000. 12.64% of the stock is currently owned by institutional investors.

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.