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

Ayro, Inc. (NASDAQ:AYRO) saw a significant 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. Currently, 13.9% of the shares of the company are sold short. Based on an average daily volume of 26,500 shares, the short-interest ratio is currently 21.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Ayro stock. PFG Investments LLC acquired a new position in Ayro, Inc. (NASDAQ:AYRO) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 59,482 shares of the company’s stock, valued at approximately $99,000. PFG Investments LLC owned 1.20% of Ayro as of its most recent filing with the Securities & Exchange Commission. 5.65% of the stock is currently owned by hedge funds and other institutional investors.

Ayro Trading Down 3.4 %

NASDAQ AYRO traded down $0.05 on Friday, reaching $1.41. 11,516 shares of the company’s stock traded hands, compared to its average volume of 40,455. The stock has a 50 day moving average price of $1.59 and a 200-day moving average price of $1.74. Ayro has a fifty-two week low of $1.21 and a fifty-two week high of $9.40.

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

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.