Aureus Greenway Holdings Inc. (NASDAQ:AGH) Sees Large Decline in Short Interest

Key Points

• Short interest fell 14.3% in March to 746,087 shares (about 8.1% of shares sold short), leaving a short-interest ratio of roughly 1.1 days.
• Shares opened at $3.24 with a market cap of about $65.6M and a 12‑month range of $0.54–$8.25; the company reported ($0.08) EPS, a negative ROE and a net margin of −124.06% on $0.7M in quarterly revenue.
• Analysts have a consensus “Sell” rating (Weiss and Wall Street Zen among the downgrades), even as several hedge funds including Cantor Fitzgerald, Geode and State Street recently built or increased positions.

Aureus Greenway Holdings Inc. (NASDAQ:AGH - Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 746,087 shares, a drop of 14.3% from the March 15th total of 870,353 shares. Approximately 8.1% of the company's shares are sold short. Based on an average trading volume of 675,626 shares, the short-interest ratio is currently 1.1 days.

Aureus Greenway Stock Down 0.9%

Shares of NASDAQ AGH opened at $3.24 on Friday. Aureus Greenway has a twelve month low of $0.54 and a twelve month high of $8.25. The firm has a fifty day simple moving average of $4.17 and a 200 day simple moving average of $4.29. The company has a market capitalization of $65.61 million, a PE ratio of -12.46 and a beta of 8.86.

Aureus Greenway (NASDAQ:AGH - Get Free Report) last announced its earnings results on Tuesday, March 31st. The company reported ($0.08) earnings per share for the quarter. Aureus Greenway had a negative return on equity of 16.59% and a negative net margin of 124.06%.The firm had revenue of $0.70 million for the quarter.

Hedge Funds Weigh In On Aureus Greenway

A number of hedge funds have recently bought and sold shares of AGH. Cantor Fitzgerald L. P. bought a new position in Aureus Greenway during the third quarter worth $892,000. GM Advisory Group LLC bought a new position in Aureus Greenway during the third quarter worth $155,000. Geode Capital Management LLC raised its stake in Aureus Greenway by 27.3% during the fourth quarter. Geode Capital Management LLC now owns 103,436 shares of the company's stock worth $326,000 after buying an additional 22,172 shares during the last quarter. HRT Financial LP bought a new position in Aureus Greenway during the fourth quarter worth $51,000. Finally, State Street Corp grew its holdings in Aureus Greenway by 233.0% in the fourth quarter. State Street Corp now owns 34,300 shares of the company's stock worth $108,000 after purchasing an additional 24,000 shares during the period.

Analysts Set New Price Targets

AGH has been the subject of several analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Aureus Greenway in a research note on Friday, March 27th. Wall Street Zen downgraded shares of Aureus Greenway to a "strong sell" rating in a research note on Saturday, March 28th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of "Sell".

About Aureus Greenway

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer. We believe our golf country clubs are a serene combination of approachable golf and nature that are designed to appeal to local residents and tourists alike.

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