Agrium Incorporated (NYSE:AGU) Shorted Shares Increased 4.64% After Market Selling


The stock of Agrium Incorporated (NYSE:AGU) registered an increase of 4.64% in short interest. AGU’s total short interest was 4.64 million shares in September as published by FINRA. Its up 4.64% from 4.43M shares, reported previously. With 894,100 shares average volume, it will take short sellers 5 days to cover their AGU’s short positions. The short interest to Agrium Incorporated’s float is 3.36%. About 1.92 million shares traded hands or 140.37% up from the average. Agrium Inc. (USA) (NYSE:AGU) has risen 10.27% since February 8, 2016 and is uptrending. It has underperformed by 6.22% the S&P500.

Agrium Inc. is a producer and distributor of agricultural services and products. The company has a market cap of $11.94 billion. The Firm categorizes its divisions within the Retail and Wholesale business units. It has a 14.15 P/E ratio. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical divisions: North America, which includes the United States and Canada, and International, which includes Australia and South America.

Out of 14 analysts covering Agrium (NYSE:AGU), 4 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 29% are positive. Agrium has been the topic of 30 analyst reports since September 22, 2015 according to StockzIntelligence Inc. Barclays Capital maintained the stock on August 18 with “Overweight” rating.

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