Short Interest in Agape ATP Corporation (NASDAQ:ATPC) Drops By 25.9%

Agape ATP Corporation (NASDAQ:ATPC) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 936,137 shares, a drop of 25.9% from the January 15th total of 1,263,530 shares. Approximately 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 9,841,551 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 9,841,551 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.9% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ATPC shares. Wall Street Zen upgraded shares of Agape ATP to a “hold” rating in a research report on Saturday. Weiss Ratings reissued a “sell (e+)” rating on shares of Agape ATP in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Agape ATP has an average rating of “Sell”.

Agape ATP Stock Performance

Shares of NASDAQ ATPC opened at $2.26 on Friday. The company has a market capitalization of $2.26 million, a P/E ratio of -0.16 and a beta of -0.35. Agape ATP has a 52-week low of $1.96 and a 52-week high of $128.25. The company’s 50 day moving average price is $7.06 and its 200-day moving average price is $44.15.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Agape ATP stock. Citadel Advisors LLC boosted its stake in Agape ATP Corporation (NASDAQ:ATPC) by 95.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,130 shares of the company’s stock after purchasing an additional 31,849 shares during the quarter. Citadel Advisors LLC owned about 0.13% of Agape ATP worth $82,000 as of its most recent SEC filing. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

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.