Could AGTECH HOLDINGS LTD ORDINARY SHARES BER (OTCMKTS:AGTEF) See a Reversal After More Sellers Came In?

June 17, 2018 - By Stephen Andrade

The stock of AGTECH HOLDINGS LTD ORDINARY SHARES BER (OTCMKTS:AGTEF) registered an increase of 82.17% in short interest. AGTEF’s total short interest was 65,400 shares in June as published by FINRA. Its up 82.17% from 35,900 shares, reported previously. With 36,400 shares average volume, it will take short sellers 2 days to cover their AGTEF’s short positions.

The stock increased 0.29% or $0.000354 during the last trading session, reaching $0.120354. About 15,000 shares traded. AGTech Holdings Limited (OTCMKTS:AGTEF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

AGTech Holdings Limited, an investment holding company, operates as an integrated lottery technology and services firm primarily in the PeopleÂ’s Republic of China. The company has market cap of $1.40 billion. It is involved in the development and supply of lottery and other games, related software, and underlying supporting systems; sale and distribution of lottery and other games; and provision of maintenance, after-sales, training, and consultancy services for software games and systems. It currently has negative earnings. The firm also provides sports lottery management and marketing consultancy services; phone and mobile betting solutions for lottery organizations; and researches, develops, maintains, and sells sports lottery terminals and systems, and handheld lottery sales equipment.

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