A2Z Smart Technologies Corp. (NASDAQ:AZ) Short Interest Update

A2Z Smart Technologies Corp. (NASDAQ:AZ - Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 268,000 shares, a growth of 64.4% from the March 31st total of 163,000 shares. Based on an average trading volume of 132,700 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.1% of the shares of the company are sold short.

Institutional Investors Weigh In On A2Z Smart Technologies

A number of large investors have recently bought and sold shares of AZ. Woodward Diversified Capital LLC bought a new position in A2Z Smart Technologies during the first quarter valued at about $143,000. Hohimer Wealth Management LLC bought a new stake in shares of A2Z Smart Technologies during the first quarter worth $141,000. Fortitude Advisory Group L.L.C. bought a new position in A2Z Smart Technologies in the first quarter valued at approximately $906,000. FNY Investment Advisers LLC acquired a new position in shares of A2Z Smart Technologies during the 1st quarter worth about $35,000. Finally, Garnet Equity Capital Holdings Inc. acquired a new stake in A2Z Smart Technologies during the 4th quarter worth $1,986,000. 12.64% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Benchmark increased their price objective on shares of A2Z Smart Technologies from $18.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, March 26th.

A2Z Smart Technologies Trading Down 2.5 %

AZ stock traded down $0.20 on Friday, hitting $7.66. 65,874 shares of the company's stock traded hands, compared to its average volume of 90,289. The stock has a fifty day moving average of $7.22 and a 200-day moving average of $6.75. The stock has a market cap of $226.66 million, a price-to-earnings ratio of -15.32 and a beta of 1.39. A2Z Smart Technologies has a 1-year low of $0.85 and a 1-year high of $8.48.

A2Z Smart Technologies (NASDAQ:AZ - Get Free Report) last announced its quarterly earnings data on Monday, March 31st. The company reported ($0.51) EPS for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.26). The company had revenue of $2.00 million for the quarter, compared to analysts' expectations of $2.00 million.

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.