Agrify Co. (NASDAQ:AGFY – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 315,900 shares, a growth of 66.2% from the March 15th total of 190,100 shares. Approximately 13.1% of the shares of the company are short sold. Based on an average daily trading volume, of 3,380,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On Agrify
Hedge funds have recently modified their holdings of the stock. Millennium Management LLC bought a new stake in Agrify during the 2nd quarter valued at $29,000. JPMorgan Chase & Co. grew its position in Agrify by 122.5% in the second quarter. JPMorgan Chase & Co. now owns 16,139 shares of the company’s stock worth $32,000 after acquiring an additional 8,886 shares in the last quarter. Private Advisor Group LLC purchased a new stake in Agrify during the first quarter valued at about $101,000. Vident Investment Advisory LLC boosted its holdings in shares of Agrify by 72.3% during the first quarter. Vident Investment Advisory LLC now owns 43,337 shares of the company’s stock worth $201,000 after purchasing an additional 18,178 shares
