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Short Interest in Agile Growth Corp. (NASDAQ:AGGR) Declines By 12.0%

Defense World ·  Jan 31, 2023 04:01

Agile Growth Corp. (NASDAQ:AGGR – Get Rating) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 7,300 shares, a decline of 12.0% from the December 31st total of 8,300 shares. Based on an average daily trading volume, of 86,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Agile Growth Stock Performance

NASDAQ AGGR opened at $10.15 on Tuesday. Agile Growth has a fifty-two week low of $9.27 and a fifty-two week high of $10.60.

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Institutional Inflows and Outflows

A hedge fund recently raised its stake in Agile Growth stock. Weiss Asset Management LP grew its holdings in shares of Agile Growth Corp. (NASDAQ:AGGR – Get Rating) by 2,478.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 389,609 shares of the company's stock after acquiring an additional 374,500 shares during the period. Weiss Asset Management LP's holdings in Agile Growth were worth $3,869,000 as of its most recent SEC filing.

Agile Growth Company Profile

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Agile Growth Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company intends to acquire businesses in the technology industry, including infrastructure, and horizontal and vertical enterprise application software; healthcare IT; financial technology; robotics/automation; and education technology, as well as additional software and technology segments.

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