A2Z Smart Technologies Corp. (NASDAQ:AZ - Get Free Report) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 118,800 shares, a drop of 36.2% from the January 31st total of 186,100 shares. Currently, 0.9% of the company's stock are short sold. Based on an average trading volume of 108,300 shares, the days-to-cover ratio is presently 1.1 days.
A2Z Smart Technologies Trading Down 4.1 %
NASDAQ AZ traded down $0.31 during trading hours on Wednesday, hitting $7.20. The company's stock had a trading volume of 33,955 shares, compared to its average volume of 80,006. A2Z Smart Technologies has a 52 week low of $0.85 and a 52 week high of $8.28. The company has a market capitalization of $197.60 million, a PE ratio of -14.40 and a beta of 1.38. The company's 50-day simple moving average is $6.91 and its two-hundred day simple moving average is $5.15.
Hedge Funds Weigh In On A2Z Smart Technologies
Large investors have recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of A2Z Smart Technologies during the 4th quarter worth approximately $3,619,000. Garnet Equity Capital Holdings Inc. bought a new position in shares of A2Z Smart Technologies during the 4th quarter worth approximately $1,986,000. IHT Wealth Management LLC bought a new position in shares of A2Z Smart Technologies during the 4th quarter worth approximately $1,156,000. Finally, Renaissance Technologies LLC bought a new position in shares of A2Z Smart Technologies during the 4th quarter worth approximately $287,000. Institutional investors own 12.64% of the company's stock.
About A2Z Smart Technologies
(
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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.
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