Ag Growth International Inc. (OTCMKTS:AGGZF) Short Interest Down 9.7% in September

Ag Growth International Inc. (OTCMKTS:AGGZF) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totalling 320,400 shares, a decline of 9.7% from the September 15th total of 354,900 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 246.5 days.

Ag Growth International Price Performance

AGGZF stock opened at $38.74 on Tuesday. The business has a 50 day moving average of $40.10 and a 200 day moving average of $39.57. 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 company also recently declared a dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.1104 per share. The ex-dividend date is Friday, September 27th. This represents a dividend yield of 1.08%. This is an increase from Ag Growth International’s previous dividend of $0.11. Ag Growth International’s dividend payout ratio (DPR) is 77.61%.

About Ag Growth International

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.