Short Interest in A2Z Smart Technologies Corp. (NASDAQ:AZ) Declines By 14.4%

A2Z Smart Technologies Corp. (NASDAQ:AZ) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 51,300 shares, a decline of 14.4% from the August 31st total of 59,900 shares. Based on an average daily volume of 126,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in A2Z Smart Technologies stock. Curated Wealth Partners LLC boosted its position in A2Z Smart Technologies Corp. (NASDAQ:AZ) by 200.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,333 shares of the company’s stock after purchasing an additional 166,666 shares during the quarter. Curated Wealth Partners LLC owned approximately 0.20% of A2Z Smart Technologies worth $33,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 12.64% of the company’s stock.

A2Z Smart Technologies Price Performance

AZ stock traded up $0.01 during mid-day trading on Friday, reaching $0.87. The company had a trading volume of 125,432 shares, compared to its average volume of 105,332. The firm has a 50 day moving average of $0.71 and a 200 day moving average of $0.56. A2Z Smart Technologies has a 12 month low of $0.34 and a 12 month high of $1.84. The company has a market capitalization of $35.64 million, a PE ratio of -2.62 and a beta of 1.54.

A2Z Smart Technologies (NASDAQ:AZ) last issued its earnings results on Wednesday, August 14th. The company reported ($0.05) earnings per share for the quarter. A2Z Smart Technologies had a negative net margin of 118.83% and a negative return on equity of 6,821.36%. The firm had revenue of $1.54 million for the quarter.

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.