Ag Growth International Inc. (OTCMKTS:AGGZF) Short Interest Update

Ag Growth International Inc. (OTCMKTS:AGGZF) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 288,900 shares, an increase of 12.5% from the October 15th total of 256,800 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 103.2 days.

Ag Growth International Trading Down 1.3 %

Shares of AGGZF stock opened at $36.94 on Monday. Ag Growth International has a 1 year low of $33.57 and a 1 year high of $47.11. The firm’s fifty day moving average price is $37.94 and its two-hundred day moving average price is $38.04.

Ag Growth International Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.1104 dividend. This is a positive change from Ag Growth International’s previous dividend of $0.11. This represents a yield of 1.08%. The ex-dividend date of this dividend was Friday, September 27th. Ag Growth International’s payout ratio is presently 77.61%.

Analyst Ratings Changes

Separately, Raymond James set a $62.00 price objective on shares of Ag Growth International and gave the stock a “market perform” rating in a report on Friday, October 18th.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.