Could AGILE PROPERTY HOLDINGS LTD ORDINARY (OTCMKTS:AGPYF) Change Direction After Less Shorts?

September 14, 2018 - By Jacob Maslow

The stock of AGILE PROPERTY HOLDINGS LTD ORDINARY (OTCMKTS:AGPYF) registered a decrease of 15.32% in short interest. AGPYF’s total short interest was 1.82M shares in September as published by FINRA. Its down 15.32% from 2.15 million shares, reported previously. With 400 shares average volume, it will take short sellers 4560 days to cover their AGPYF’s short positions.

It closed at $1.4 lastly. It is down 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Agile Group Holdings Limited, an investment holding company, engages in the property development, property management, hotel, property investment, and environmental protection businesses in the PeopleÂ’s Republic of China. The company has market cap of $3.96 billion. As of December 31, 2016, it had a land bank with a total gross floor area of 32.60 million square meters in 46 cities and districts located in Southern China region, Eastern China region, Western China region, Central China region, Hainan and Yunnan region, Northeast China region, Northern China region, and Kuala Lumpur of Malaysia, as well as South San Francisco of the United States. It has a 4.52 P/E ratio. The firm is also involved in the operation of hotels, shopping malls, and office buildings.

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