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 during the month of 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. Based on an average trading volume of 108,300 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Trading of A2Z Smart Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC acquired a new stake in shares of A2Z Smart Technologies during the 4th quarter worth about $287,000. IHT Wealth Management LLC acquired a new stake in A2Z Smart Technologies during the fourth quarter worth approximately $1,156,000. Garnet Equity Capital Holdings Inc. bought a new stake in shares of A2Z Smart Technologies during the fourth quarter worth approximately $1,986,000. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of A2Z Smart Technologies in the fourth quarter valued at approximately $3,619,000. Institutional investors own 12.64% of the company’s stock.

A2Z Smart Technologies Trading Down 7.9 %

Shares of A2Z Smart Technologies stock traded down $0.60 during trading on Monday, hitting $6.99. 191,810 shares of the stock were exchanged, compared to its average volume of 122,280. The company has a fifty day moving average price of $6.90 and a 200-day moving average price of $5.06. The stock has a market capitalization of $191.83 million, a price-to-earnings ratio of -13.98 and a beta of 1.38. A2Z Smart Technologies has a 1-year low of $0.85 and a 1-year high of $8.27.

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.