GrowGeneration Corp. (NASDAQ:GRWG) Short Interest Update

GrowGeneration Corp. (NASDAQ:GRWGGet Free Report) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 3,830,000 shares, a growth of 12.6% from the February 29th total of 3,400,000 shares. Currently, 6.7% of the company’s shares are sold short. Based on an average daily trading volume, of 992,200 shares, the days-to-cover ratio is currently 3.9 days.

Analyst Ratings Changes

Separately, Oppenheimer cut GrowGeneration from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 20th.

Get Our Latest Report on GrowGeneration

GrowGeneration Price Performance

GRWG opened at $2.91 on Tuesday. GrowGeneration has a 12 month low of $1.77 and a 12 month high of $5.00. The business has a fifty day moving average price of $2.27 and a 200 day moving average price of $2.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors boosted its position in shares of GrowGeneration by 644.4% during the 1st quarter. Captrust Financial Advisors now owns 3,000 shares of the company’s stock worth $28,000 after acquiring an additional 2,597 shares in the last quarter. Atria Wealth Solutions Inc. acquired a new position in shares of GrowGeneration during the 2nd quarter worth about $36,000. Principal Financial Group Inc. acquired a new position in shares of GrowGeneration during the 1st quarter worth about $93,000. AdvisorNet Financial Inc lifted its holdings in shares of GrowGeneration by 96.2% in the 3rd quarter. AdvisorNet Financial Inc now owns 10,196 shares of the company’s stock valued at $30,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Koshinski Asset Management Inc. purchased a new stake in shares of GrowGeneration in the 4th quarter valued at about $29,000. 36.02% of the stock is owned by institutional investors and hedge funds.

About GrowGeneration

(Get Free Report)

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, additives, growing media, lighting, and environmental control systems, as well as other indoor and outdoor growing products.

See Also

Receive News & Ratings for GrowGeneration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GrowGeneration and related companies with MarketBeat.com's FREE daily email newsletter.