A2Z Smart Technologies Corp. (NASDAQ:AZ) Sees Significant Drop in Short Interest

A2Z Smart Technologies Corp. (NASDAQ:AZ) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 18,900 shares, a decline of 88.6% from the March 31st total of 166,400 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 111,700 shares, the days-to-cover ratio is presently 0.2 days.

A2Z Smart Technologies Trading Down 1.7 %

AZ traded down $0.01 on Friday, hitting $0.40. 51,479 shares of the company’s stock were exchanged, compared to its average volume of 105,776. A2Z Smart Technologies has a fifty-two week low of $0.35 and a fifty-two week high of $3.04. The firm has a 50-day moving average price of $0.76 and a 200-day moving average price of $1.11.

A2Z Smart Technologies (NASDAQ:AZ) last announced its earnings results on Tuesday, April 2nd. The company reported ($0.06) earnings per share (EPS) for the quarter. A2Z Smart Technologies had a negative return on equity of 6,821.36% and a negative net margin of 143.58%. The business had revenue of $1.35 million for the quarter.

Institutional Investors Weigh In On A2Z Smart Technologies

An institutional investor recently bought a new position in A2Z Smart Technologies stock. Red Door Wealth Management LLC purchased a new stake in shares of A2Z Smart Technologies Corp. (NASDAQ:AZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 15,000 shares of the company’s stock, valued at approximately $25,000. Institutional investors own 12.64% of the company’s stock.

A2Z Smart Technologies Company Profile

A2Z Smart Technologies Corp., a technology company, provides military and civilization technologies for supermarkets in Israel and internationally. The company offers retail automation solutions for large grocery stores and supermarkets; and the Cust2Mate system, which incorporates a smart cart that automatically calculates the value of the customers purchases in their smart cart without having to unload and reload their purchases at a customer checkout point.