Short Interest in A2Z Smart Technologies Corp. (NASDAQ:AZ) Expands By 34.0%

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the recipient of a large 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. Based on an average daily volume of 86,500 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On A2Z Smart Technologies

A hedge fund recently raised its stake in A2Z Smart Technologies stock. Curated Wealth Partners LLC raised its holdings in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent reporting period. Hedge funds and other institutional investors own 12.64% of the company’s stock.

A2Z Smart Technologies Stock Down 1.7 %

AZ traded down $0.11 during trading hours on Friday, hitting $6.49. The stock had a trading volume of 57,134 shares, compared to its average volume of 59,456. A2Z Smart Technologies has a 1 year low of $0.85 and a 1 year high of $6.69. The company’s fifty day simple moving average is $3.41 and its 200 day simple moving average is $2.07. The stock has a market cap of $106.96 million, a PE ratio of -12.76 and a beta of 1.21.

A2Z Smart Technologies (NASDAQ:AZ) last posted its quarterly earnings results 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.