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

Ag Growth International Inc. (OTCMKTS:AGGZF) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 258,000 shares, an increase of 23.3% from the May 31st total of 209,200 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 135.8 days.

Ag Growth International Price Performance

Shares of AGGZF opened at $36.13 on Tuesday. Ag Growth International has a fifty-two week low of $33.57 and a fifty-two week high of $47.11. The firm’s 50 day moving average price is $37.34 and its 200 day moving average price is $40.75.

Ag Growth International Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be issued a $0.1093 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a dividend yield of 1.15%. Ag Growth International’s payout ratio is 77.61%.

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.