Agrify Co. (NASDAQ:AGFY) Short Interest Update

Agrify Co. (NASDAQ:AGFY) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 23,600 shares, an increase of 93.4% from the September 30th total of 12,200 shares. Approximately 3.7% of the shares of the stock are short sold. Based on an average daily volume of 26,600 shares, the short-interest ratio is presently 0.9 days.

Agrify Trading Up 0.1 %

Shares of AGFY opened at $3.37 on Friday. The firm has a market cap of $47.88 million, a P/E ratio of -0.63 and a beta of 2.05. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.82 and a quick ratio of 0.09. Agrify has a 1 year low of $2.71 and a 1 year high of $42.00. The company has a 50 day simple moving average of $3.54 and a two-hundred day simple moving average of $4.25.

Agrify (NASDAQ:AGFY) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($1.95) earnings per share (EPS) for the quarter. The business had revenue of $2.99 million for the quarter.

About Agrify

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.