Short Interest in Agencia Comercial Spirits Ltd. (NASDAQ:AGCC) Drops By 88.4%

Agencia Comercial Spirits Ltd. (NASDAQ:AGCCGet Free Report) was the recipient of a significant drop in short interest in 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. Based on an average daily volume of 104,918 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Agencia Comercial Spirits Stock Up 3.1%

AGCC stock traded up $0.59 during midday trading on Tuesday, hitting $19.39. The stock had a trading volume of 44,670 shares, compared to its average volume of 138,322. The company’s fifty day moving average price is $16.57. Agencia Comercial Spirits has a 1-year low of $3.66 and a 1-year high of $25.73.

Agencia Comercial Spirits (NASDAQ:AGCCGet Free Report) last issued its earnings results on Thursday, April 30th. The company reported $0.00 earnings per share for the quarter. The business had revenue of $2.16 million during the quarter.

Institutional Inflows and Outflows

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:AGCCFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,730 shares of the company’s stock, valued at approximately $114,000.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on shares of Agencia Comercial Spirits in a report on Friday, January 16th. They set a “sell (e-)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Agencia Comercial Spirits has an average rating of “Sell”.

Check Out Our Latest Research Report on Agencia Comercial Spirits

About Agencia Comercial Spirits

(Get Free Report)

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.

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