Short Interest in Agape ATP Corporation (NASDAQ:ATPC) Rises By 1,030.8%

Agape ATP Corporation (NASDAQ:ATPC) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 463,134 shares, a growth of 1,030.8% from the February 26th total of 40,955 shares. Based on an average daily volume of 11,031,611 shares, the days-to-cover ratio is presently 0.0 days. Currently, 47.3% of the shares of the stock are short sold. Currently, 47.3% of the shares of the stock are short sold. Based on an average daily volume of 11,031,611 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Agape ATP to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Agape ATP in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC grew its holdings in Agape ATP Corporation (NASDAQ:ATPC) by 95.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 65,130 shares of the company’s stock after acquiring an additional 31,849 shares during the quarter. Citadel Advisors LLC owned 0.13% of Agape ATP worth $82,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.01% of the company’s stock.

Agape ATP Stock Up 7.7%

ATPC stock traded up $0.16 during midday trading on Tuesday, reaching $2.24. The company’s stock had a trading volume of 131,103 shares, compared to its average volume of 2,349,787. The business’s 50-day simple moving average is $3.07 and its 200-day simple moving average is $32.19. Agape ATP has a 52 week low of $1.72 and a 52 week high of $128.25. The stock has a market cap of $2.24 million, a PE ratio of -0.15 and a beta of 0.01.

Agape ATP Company Profile

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names. The company's products include ATP1s Survivor Select that contains various essential nutrients required by the human body to maintain normal metabolism; ATP3 Ionized Cal-Mag, a calcium and magnesium minerals supplement; ATP4 Omega Blend, an oil blend that provides a bio-effective balance of essential fatty acids, omega 3, and omega 6; ATP5 BetaMaxx, a natural immune enhancer; AGN-Vege Fruit Fiber, a nutrition-based formulation for intestines and stomach; AGP1-Iron to improve iron deficiency anemia; and YFA-Young Formula, an anti-aging and youthful maintenance supplement.