Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) Short Interest Down 88.4% in April
by Scott Moore · The Cerbat GemAgencia Comercial Spirits Ltd. (NASDAQ:AGCC – Get Free Report) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 14,240 shares, a drop of 88.4% from the April 15th total of 122,288 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 104,918 shares, the short-interest ratio is currently 0.1 days.
Agencia Comercial Spirits Stock Up 2.7%
AGCC stock opened at $19.78 on Thursday. The stock’s 50 day moving average is $16.78. Agencia Comercial Spirits has a 52 week low of $3.66 and a 52 week high of $25.73.
Agencia Comercial Spirits (NASDAQ:AGCC – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.00 EPS for the quarter. The company had revenue of $2.16 million for the quarter.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on shares of Agencia Comercial Spirits in a research note on Friday, January 16th. They issued a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.
Read Our Latest Stock Report on AGCC
Institutional Trading of Agencia Comercial Spirits
An institutional investor recently bought a new position in Agencia Comercial Spirits stock. Geode Capital Management LLC acquired a new position in Agencia Comercial Spirits Ltd. (NASDAQ:AGCC – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,730 shares of the company’s stock, valued at approximately $114,000.
Agencia Comercial Spirits Company Profile
Agencia Comercial Spirits Ltd is an exempted company with limited liability incorporated under the laws of the Cayman Islands. As Agencia Comercial Spirits Ltd is a holding company with no material operations of its own, our operations are conducted through our indirect wholly owned operating subsidiary Agencia Comercial Co, Ltd (“Agencia Taiwan”) in Taiwan. Agencia Taiwan was formally registered and established in July 2020, and is committed to offering imported whiskies of world-class quality and excellent services to its clients.