Ryvyl Inc. (NASDAQ:RVYL) Short Interest Update

Ryvyl Inc. (NASDAQ:RVYL) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 26,900 shares, a drop of 24.0% from the March 31st total of 35,400 shares. Currently, 1.5% of the shares of the company are sold short. Based on an average trading volume of 67,500 shares, the days-to-cover ratio is presently 0.4 days.

Ryvyl Stock Performance

NASDAQ:RVYL traded up $0.02 during mid-day trading on Friday, reaching $1.37. 132,265 shares of the company’s stock were exchanged, compared to its average volume of 169,918. Ryvyl has a one year low of $1.12 and a one year high of $17.50. The firm has a market capitalization of $8.25 million, a PE ratio of -0.14 and a beta of 4.10. The business’s fifty day simple moving average is $3.14 and its two-hundred day simple moving average is $3.34. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.05 and a current ratio of 1.05.

Ryvyl (NASDAQ:RVYL) last released its earnings results on Tuesday, March 26th. The company reported ($1.17) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.77). The business had revenue of $22.25 million for the quarter, compared to analysts’ expectations of $18.00 million. Analysts anticipate that Ryvyl will post -1.97 earnings per share for the current fiscal year.

Ryvyl Company Profile

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.