Aureus Greenway Holdings Inc. (NASDAQ:AGH) Sees Large Growth in Short Interest

Aureus Greenway Holdings Inc. (NASDAQ:AGH) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 353,200 shares, a growth of 227.0% from the August 31st total of 108,000 shares. Based on an average daily trading volume, of 976,300 shares, the days-to-cover ratio is presently 0.4 days. Currently, 5.8% of the shares of the company are short sold. Currently, 5.8% of the shares of the company are short sold. Based on an average daily trading volume, of 976,300 shares, the days-to-cover ratio is presently 0.4 days.

Insider Buying and Selling

In other news, major shareholder Chrome Fields Asset Management sold 6,000,000 shares of the firm’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $0.33, for a total value of $1,980,000.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Chiping Cheung sold 6,000,000 shares of the firm’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $0.33, for a total value of $1,980,000.00. The disclosure for this sale can be found here. Insiders sold 26,000,000 shares of company stock worth $8,020,000 over the last ninety days. 38.60% of the stock is owned by corporate insiders.

Aureus Greenway Trading Up 7.7%

NASDAQ:AGH opened at $3.51 on Thursday. Aureus Greenway has a 12-month low of $0.52 and a 12-month high of $7.22. The stock has a 50-day moving average price of $3.31 and a 200 day moving average price of $1.56. The stock has a market capitalization of $51.28 million and a P/E ratio of -87.75.

Aureus Greenway (NASDAQ:AGH) last released its earnings results on Thursday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter. Aureus Greenway had a negative return on equity of 7.61% and a negative net margin of 15.43%.The business had revenue of $0.60 million for the quarter.

Analyst Ratings Changes

Separately, Wall Street Zen raised Aureus Greenway to a “sell” rating in a research note on Friday, September 5th.

About Aureus Greenway

We own and operate two public golf country clubs in Florida that each features a golf-club, consisting of over 289 acres of multi-service recreational property. Our golf country clubs include two golf-courses with over 13,000 yards of combined fairways, clubhouses boasting food and beverage options, aquatic golf ranges, and pro shops to assist any level of golfer.