Agrify Co. (NASDAQ:AGFY) Sees Significant Growth in Short Interest – Defense World

Agrify Co. (NASDAQ:AGFYGet Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 27,100 shares, a growth of 13.9% from the August 15th total of 23,800 shares. Based on an average daily trading volume, of 45,900 shares, the short-interest ratio is presently 0.6 days. Currently, 1.8% of the company’s stock are sold short.

Agrify Price Performance

Shares of NASDAQ:AGFY opened at $2.91 on Friday. The business’s 50-day moving average is $2.82 and its 200 day moving average is $3.83. The firm has a market capitalization of $3.02 million, a P/E ratio of 0.00 and a beta of 1.92. Agrify has a 1 year low of $2.00 and a 1 year high of $416.00.

Institutional Trading of Agrify

Large investors have recently added to or reduced their stakes in the company. Millennium Management LLC purchased a new stake in Agrify during the 2nd quarter valued at about $29,000. JPMorgan Chase & Co. grew its stake in Agrify by 122.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 16,139 shares of the company’s stock valued at $32,000 after purchasing an additional 8,886 shares during the

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