A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Up 61.4% in February

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 191,800 shares, an increase of 61.4% from the February 13th total of 118,800 shares. Based on an average daily trading volume, of 111,200 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.5% of the shares of the stock are short sold.

Institutional Trading of A2Z Smart Technologies

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

A2Z Smart Technologies Price Performance

NASDAQ:AZ opened at $6.75 on Friday. The firm has a market cap of $185.25 million, a PE ratio of -13.50 and a beta of 1.38. The firm has a 50 day simple moving average of $6.88 and a 200-day simple moving average of $5.35. A2Z Smart Technologies has a 1-year low of $0.85 and a 1-year high of $8.28.

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.