A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) Short Interest Update

Key Points

• A2Z Cust2Mate Solutions Corp. experienced a **53.2% increase** in short interest, with a total of **333,400 shares** as of July 15th, indicating growing bearish sentiment among investors.
• Several hedge funds invested in A2Z Cust2Mate Solutions during the first and second quarters, with institutional investors now owning **12.64%** of the company's stock.
• Weiss Ratings has **restated a "sell (d-)" rating** on A2Z Cust2Mate Solutions, reflecting a negative outlook on the company's performance.

A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ - Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 333,400 shares, agrowthof53.2% from the June 30th total of 217,600 shares. Based on an average daily volume of 231,300 shares, the short-interest ratio is currently 1.4 days. Approximately2.6% of the shares of the company are sold short. Approximately2.6% of the shares of the company are sold short. Based on an average daily volume of 231,300 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On A2Z Cust2Mate Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new stake in A2Z Cust2Mate Solutions during the 1st quarter worth $35,000. Hohimer Wealth Management LLC purchased a new stake in A2Z Cust2Mate Solutions during the 1st quarter valued at about $141,000. Woodward Diversified Capital LLC purchased a new stake in A2Z Cust2Mate Solutions during the 1st quarter valued at about $143,000. Geode Capital Management LLC raised its holdings in A2Z Cust2Mate Solutions by 113.3% in the 2nd quarter. Geode Capital Management LLC now owns 21,354 shares of the company's stock valued at $226,000 after acquiring an additional 11,342 shares during the last quarter. Finally, Corsair Capital Management L.P. purchased a new position in A2Z Cust2Mate Solutions in the 1st quarter worth approximately $157,000. Hedge funds and other institutional investors own 12.64% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of A2Z Cust2Mate Solutions in a report on Friday, August 1st.

A2Z Cust2Mate Solutions Stock Performance

NASDAQ AZ traded up $0.01 during trading hours on Friday, reaching $9.45. The stock had a trading volume of 114,866 shares, compared to its average volume of 171,310. A2Z Cust2Mate Solutions has a 52-week low of $1.38 and a 52-week high of $12.36. The stock has a fifty day moving average of $10.11 and a 200 day moving average of $8.37. The stock has a market cap of $279.63 million, a P/E ratio of -9.69 and a beta of 1.45.

A2Z Cust2Mate Solutions (NASDAQ:AZ - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported ($0.19) earnings per share (EPS) for the quarter. A2Z Cust2Mate Solutions had a negative net margin of 321.32% and a negative return on equity of 256.23%.

A2Z Cust2Mate Solutions 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.