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

Ag Growth International Inc. (OTCMKTS:AGGZF) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 209,000 shares, a drop of 5.0% from the November 15th total of 220,100 shares. Based on an average daily trading volume, of 2,700 shares, the short-interest ratio is currently 77.4 days.

Analyst Upgrades and Downgrades

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

Ag Growth International Stock Performance

Shares of AGGZF stock opened at $37.40 on Thursday. The stock has a fifty day simple moving average of $36.86 and a two-hundred day simple moving average of $38.42. Ag Growth International has a 52-week low of $33.57 and a 52-week high of $47.11.

Ag Growth International Increases Dividend

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