Ayro, Inc. (NASDAQ:AYRO) Short Interest Update

Ayro, Inc. (NASDAQ:AYRO) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 563,800 shares, a growth of 37.6% from the March 31st total of 409,600 shares. Based on an average trading volume of 26,500 shares, the short-interest ratio is currently 21.3 days. Currently, 13.9% of the company’s stock are sold short.

Ayro Stock Down 3.4 %

Shares of AYRO stock traded down $0.05 during midday trading on Friday, reaching $1.41. 11,516 shares of the stock were exchanged, compared to its average volume of 40,455. Ayro has a 1 year low of $1.21 and a 1 year high of $9.40. The company’s 50 day moving average is $1.59 and its two-hundred day moving average is $1.74.

Ayro (NASDAQ:AYRO) last posted its earnings results on Monday, April 1st. The company reported ($2.73) earnings per share for the quarter. Ayro had a negative return on equity of 84.34% and a negative net margin of 6,845.89%. The firm had revenue of $0.16 million for the quarter. As a group, analysts forecast that Ayro will post -5.31 earnings per share for the current fiscal year.

Institutional Trading of Ayro

An institutional investor recently bought a new position in Ayro stock. PFG Investments LLC purchased a new position in Ayro, Inc. (NASDAQ:AYRO) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 59,482 shares of the company’s stock, valued at approximately $99,000. PFG Investments LLC owned about 1.20% of Ayro as of its most recent SEC filing. Institutional investors own 5.65% of the company’s stock.

Ayro Company Profile

Ayro, Inc designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. It provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers.