A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Down 36.2% in February

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the recipient of a significant drop in short interest in February. As of February 15th, there was short interest totalling 118,800 shares, a drop of 36.2% from the January 31st total of 186,100 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 108,300 shares, the days-to-cover ratio is currently 1.1 days.

A2Z Smart Technologies Stock Performance

Shares of AZ traded down $0.02 on Tuesday, hitting $6.97. 67,748 shares of the stock traded hands, compared to its average volume of 79,369. The company has a market capitalization of $191.26 million, a PE ratio of -13.91 and a beta of 1.38. A2Z Smart Technologies has a one year low of $0.85 and a one year high of $8.28. The business has a 50 day simple moving average of $6.90 and a 200 day simple moving average of $5.09.

Institutional Trading of A2Z Smart Technologies

Large investors have recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd bought a new stake in A2Z Smart Technologies in the fourth quarter worth about $3,619,000. Renaissance Technologies LLC bought a new stake in shares of A2Z Smart Technologies during the 4th quarter worth approximately $287,000. Garnet Equity Capital Holdings Inc. purchased a new position in A2Z Smart Technologies during the 4th quarter valued at $1,986,000. Finally, IHT Wealth Management LLC purchased a new stake in A2Z Smart Technologies in the fourth quarter worth about $1,156,000. 12.64% of the stock is currently owned by institutional investors.

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.