A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Update

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 191,800 shares, a growth of 61.4% from the February 13th total of 118,800 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average trading volume of 111,200 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC bought a new stake in shares of A2Z Smart Technologies during the 4th quarter valued at $287,000. IHT Wealth Management LLC bought a new stake in shares of A2Z Smart Technologies during the 4th quarter valued at $1,156,000. Garnet Equity Capital Holdings Inc. bought a new stake in shares of A2Z Smart Technologies during the 4th quarter valued at $1,986,000. Finally, Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of A2Z Smart Technologies during the 4th quarter valued at $3,619,000. Hedge funds and other institutional investors own 12.64% of the company’s stock.

A2Z Smart Technologies Price Performance

Shares of A2Z Smart Technologies stock opened at $6.75 on Monday. The company’s fifty day simple moving average is $6.88 and its 200-day simple moving average is $5.41. The stock has a market capitalization of $185.25 million, a PE ratio of -13.50 and a beta of 1.38. A2Z Smart Technologies has a 1-year low of $0.85 and a 1-year high of $8.28.

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.