Ag Growth International Inc. (OTCMKTS:AGGZF) Short Interest Update

Ag Growth International Inc. (OTCMKTS:AGGZF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 286,700 shares, an increase of 30.8% from the December 31st total of 219,200 shares. Based on an average daily volume of 4,300 shares, the short-interest ratio is currently 66.7 days.

Analyst Ratings Changes

Separately, Raymond James set a $62.00 target price on shares of Ag Growth International and gave the stock a “market perform” rating in a report on Friday, October 18th.

Ag Growth International Stock Performance

AGGZF remained flat at $28.66 during trading on Friday. 4,090 shares of the company’s stock were exchanged, compared to its average volume of 7,711. The stock has a 50-day moving average of $34.19 and a two-hundred day moving average of $37.21. Ag Growth International has a 12 month low of $27.00 and a 12 month high of $47.11.

Ag Growth International Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were given a dividend of $0.1057 per share. This represents a dividend yield of 1.19%. The ex-dividend date of this dividend was Tuesday, December 31st. Ag Growth International’s dividend payout ratio (DPR) is presently 77.61%.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.