Short Interest in A2Z Smart Technologies Corp. (NASDAQ:AZ) Rises By 293.5%

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 103,500 shares, a growth of 293.5% from the September 30th total of 26,300 shares. Based on an average daily volume of 63,900 shares, the short-interest ratio is currently 1.6 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Trading of A2Z Smart Technologies

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Curated Wealth Partners LLC lifted its position in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,333 shares of the company’s stock after acquiring an additional 166,666 shares during the period. Curated Wealth Partners LLC owned approximately 0.20% of A2Z Smart Technologies worth $33,000 as of its most recent filing with the Securities & Exchange Commission. 12.64% of the stock is owned by institutional investors.

A2Z Smart Technologies Price Performance

AZ stock traded up $0.15 on Friday, reaching $5.24. 129,301 shares of the company traded hands, compared to its average volume of 52,763. The firm has a fifty day simple moving average of $2.18 and a 200-day simple moving average of $1.58. The company has a market cap of $215.92 million, a P/E ratio of -14.45 and a beta of 1.58. A2Z Smart Technologies has a one year low of $0.85 and a one year high of $5.33.

A2Z Smart Technologies (NASDAQ:AZ) last released its earnings results on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $1.54 million during the quarter.

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.