A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Up 61.4% in February

A2Z Smart Technologies Corp. (NASDAQ:AZ - Get Free Report) saw a large growth in short interest in 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 stock are short sold. Based on an average daily volume of 111,200 shares, the days-to-cover ratio is currently 1.7 days.

A2Z Smart Technologies Trading Up 6.5 %

AZ traded up $0.45 on Wednesday, hitting $7.35. 94,645 shares of the company's stock traded hands, compared to its average volume of 84,145. The company's 50 day simple moving average is $6.88 and its 200-day simple moving average is $5.48. The firm has a market cap of $201.71 million, a price-to-earnings ratio of -14.70 and a beta of 1.38. A2Z Smart Technologies has a one year low of $0.85 and a one year high of $8.28.

Institutional Trading of A2Z Smart Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd bought a new stake in A2Z Smart Technologies in the 4th quarter worth approximately $3,619,000. Renaissance Technologies LLC bought a new stake in A2Z Smart Technologies in the 4th quarter worth approximately $287,000. Garnet Equity Capital Holdings Inc. bought a new stake in A2Z Smart Technologies in the 4th quarter worth approximately $1,986,000. Finally, IHT Wealth Management LLC bought a new stake in A2Z Smart Technologies in the 4th quarter worth approximately $1,156,000. Institutional investors own 12.64% of the company's stock.

About A2Z Smart Technologies

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.