A2Z Smart Technologies Corp. (NASDAQ:AZ) Sees Significant Drop in Short Interest

Posted by Dante Gardener on Oct 11th, 2024

A2Z Smart Technologies Corp. (NASDAQ:AZ – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 26,300 shares, a decline of 48.7% from the September 15th total of 51,300 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 46,800 shares, the short-interest ratio is presently 0.6 days.

A2Z Smart Technologies Stock Performance

Shares of A2Z Smart Technologies stock opened at $2.66 on Friday. A2Z Smart Technologies has a 52-week low of $0.85 and a 52-week high of $4.60. The stock’s 50-day simple moving average is $0.76 and its 200 day simple moving average is $0.58. The stock has a market capitalization of $109.61 million, a P/E ratio of -8.06 and a beta of 1.58.

A2Z Smart Technologies (NASDAQ:AZ – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. A2Z Smart Technologies had a negative net margin of 118.83% and a negative return on equity of 6,821.36%. The firm had revenue of $1.54 million during the quarter.

Institutional Investors Weigh In On A2Z Smart Technologies

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Curated Wealth Partners LLC raised its stake in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ – Free Report) by 200.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,333 shares of the company’s stock after buying an additional 166,666 shares during the quarter. Curated Wealth Partners LLC owned about 0.20% of A2Z Smart Technologies worth $33,000 at the end of the most recent reporting period. 12.64% of the stock is owned by institutional investors.

About A2Z Smart Technologies

(Get Free Report)

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.