Short Interest in Agape ATP Corporation (NASDAQ:ATPC) Declines By 93.0%
by Doug Wharley · The Cerbat GemAgape ATP Corporation (NASDAQ:ATPC – Get Free Report) saw a significant drop in short interest in March. As of March 31st, there was short interest totaling 32,192 shares, a drop of 93.0% from the March 15th total of 463,134 shares. Approximately 3.3% of the company’s shares are short sold. Based on an average trading volume of 470,889 shares, the short-interest ratio is currently 0.1 days.
Hedge Funds Weigh In On Agape ATP
An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC raised its holdings in Agape ATP Corporation (NASDAQ:ATPC – Free Report) by 95.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,130 shares of the company’s stock after acquiring an additional 31,849 shares during the quarter. Citadel Advisors LLC owned approximately 0.13% of Agape ATP worth $82,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.01% of the company’s stock.
Agape ATP Price Performance
Shares of ATPC traded down $0.02 during midday trading on Friday, hitting $2.69. The stock had a trading volume of 15,229 shares, compared to its average volume of 2,017,924. Agape ATP has a 1 year low of $1.72 and a 1 year high of $128.25. The firm has a market cap of $2.69 million, a PE ratio of -0.19 and a beta of -0.99. The stock’s 50 day moving average is $2.71 and its 200 day moving average is $27.03.
Analysts Set New Price Targets
ATPC has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Agape ATP in a research report on Wednesday, January 21st. Wall Street Zen downgraded shares of Agape ATP from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.
View Our Latest Research Report on ATPC
Agape ATP Company Profile
Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names. The company's products include ATP1s Survivor Select that contains various essential nutrients required by the human body to maintain normal metabolism; ATP3 Ionized Cal-Mag, a calcium and magnesium minerals supplement; ATP4 Omega Blend, an oil blend that provides a bio-effective balance of essential fatty acids, omega 3, and omega 6; ATP5 BetaMaxx, a natural immune enhancer; AGN-Vege Fruit Fiber, a nutrition-based formulation for intestines and stomach; AGP1-Iron to improve iron deficiency anemia; and YFA-Young Formula, an anti-aging and youthful maintenance supplement.