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

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the recipient of a significant growth in short interest in 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. Based on an average trading volume of 86,500 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.5% of the company’s stock are short sold.

A2Z Smart Technologies Stock Down 1.7 %

Shares of NASDAQ AZ opened at $6.49 on Friday. The company has a 50 day moving average of $3.51 and a 200 day moving average of $2.11. A2Z Smart Technologies has a twelve month low of $0.85 and a twelve month high of $6.69. The firm 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 released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.12) EPS for the quarter. The company had revenue of $1.54 million during the quarter.

Institutional Investors Weigh In On A2Z Smart Technologies

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

A2Z Smart Technologies Company Profile

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.