A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Down 88.6% in April

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 18,900 shares, a decrease of 88.6% from the March 31st total of 166,400 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 111,700 shares, the short-interest ratio is currently 0.2 days.

A2Z Smart Technologies Price Performance

NASDAQ:AZ traded down $0.05 during trading hours on Thursday, hitting $0.42. The stock had a trading volume of 78,311 shares, compared to its average volume of 106,484. The company has a 50 day simple moving average of $0.76 and a two-hundred day simple moving average of $1.11. The firm has a market capitalization of $17.35 million, a price-to-earnings ratio of -0.96 and a beta of 1.42. A2Z Smart Technologies has a one year low of $0.35 and a one year high of $3.04.

A2Z Smart Technologies (NASDAQ:AZ) last posted its quarterly earnings data on Tuesday, April 2nd. The company reported ($0.06) earnings per share for the quarter. A2Z Smart Technologies had a negative net margin of 143.58% and a negative return on equity of 6,821.36%. The company had revenue of $1.35 million for the quarter.

Hedge Funds Weigh In On A2Z Smart Technologies

An institutional investor recently bought a new position in A2Z Smart Technologies stock. Red Door Wealth Management LLC bought a new position in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,000 shares of the company’s stock, valued at approximately $25,000. 12.64% of the stock is owned by institutional investors.

A2Z Smart Technologies Company Profile

A2Z Smart Technologies Corp., a technology company, provides military and civilization technologies for supermarkets in Israel and internationally. The company offers retail automation solutions for large grocery stores and supermarkets; and the Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.