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

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 138,700 shares, a growth of 34.0% from the October 15th total of 103,500 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 86,500 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On A2Z Smart Technologies

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Curated Wealth Partners LLC grew its holdings in A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,333 shares of the company’s stock after acquiring an additional 166,666 shares during the period. Curated Wealth Partners LLC owned about 0.20% of A2Z Smart Technologies worth $33,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 12.64% of the company’s stock.

A2Z Smart Technologies Stock Performance

Shares of A2Z Smart Technologies stock opened at $6.49 on Friday. The stock’s fifty day moving average is $3.51 and its 200 day moving average is $2.11. A2Z Smart Technologies has a one year low of $0.85 and a one year high of $6.69. The stock has a market cap of $106.97 million, a P/E ratio of -12.98 and a beta of 1.21.

A2Z Smart Technologies (NASDAQ:AZ) last posted its quarterly earnings data on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter. The firm had revenue of $1.54 million during the quarter.

About A2Z Smart Technologies

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.