The GrowHub Limited (NASDAQ:TGHL) Short Interest Update

The GrowHub Limited (NASDAQ:TGHL) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 66,870 shares, a drop of 68.1% from the August 15th total of 209,361 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 750,695 shares, the days-to-cover ratio is presently 0.1 days.

GrowHub Price Performance

TGHL stock opened at $0.95 on Friday. GrowHub has a 1 year low of $0.27 and a 1 year high of $2.48. The firm has a 50-day moving average of $0.82 and a 200 day moving average of $0.56.

Analyst Upgrades and Downgrades

TGHL has been the subject of a number of recent analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of GrowHub in a report on Friday, August 21st. Wall Street Zen upgraded shares of GrowHub to a “hold” rating in a report on Saturday, August 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has an average rating of “Sell”.

GrowHub Company Profile

Our Company operates at the intersection of technology and supply chain management, focusing on enhancing product traceability and authenticity. With a commitment to innovation and sustainability, we have developed a multi-faceted approach to address industry challenges. Our business currently comprises two main divisions, which are the GrowHub Platform and our product trading facilitation offering, and we currently preparing for the launch of our third main business division, namely, the GrowHub Innovation Centre, which is expected to start generating material revenue by the end of the second quarter of 2025.