Ag Growth International Inc. (OTCMKTS:AGGZF) Short Interest Update

Ag Growth International Inc. (OTCMKTS:AGGZF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 288,900 shares, an increase of 12.5% from the October 15th total of 256,800 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is presently 103.2 days.

Wall Street Analysts Forecast Growth

Separately, Raymond James set a $62.00 price target on shares of Ag Growth International and gave the stock a “market perform” rating in a research report on Friday, October 18th.

Ag Growth International Price Performance

Shares of OTCMKTS AGGZF opened at $36.94 on Monday. The company’s fifty day moving average is $37.94 and its 200-day moving average is $38.04. Ag Growth International has a twelve month low of $33.57 and a twelve month high of $47.11.

Ag Growth International Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.1104 per share. This represents a dividend yield of 1.08%. This is a positive change from Ag Growth International’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, September 27th. Ag Growth International’s dividend payout ratio (DPR) is presently 77.61%.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.