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

Ayro, Inc. (NASDAQ:AYRO) saw a significant growth in short interest in 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 short sold. Based on an average daily volume of 26,500 shares, the short-interest ratio is presently 21.3 days.

Institutional Trading of Ayro

An institutional investor recently bought a new position in Ayro stock. PFG Investments LLC acquired a new stake in shares of Ayro, Inc. (NASDAQ:AYRO) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 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 filing with the SEC. 5.65% of the stock is owned by institutional investors and hedge funds.

Ayro Price Performance

Shares of Ayro stock traded up $0.03 during trading hours on Monday, hitting $1.44. The company’s stock had a trading volume of 26,791 shares, compared to its average volume of 38,697. The business has a 50 day moving average price of $1.59 and a two-hundred day moving average price of $1.74. Ayro has a 12-month low of $1.21 and a 12-month high of $9.40.

Ayro (NASDAQ:AYRO) last issued its quarterly earnings data 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 company had revenue of $0.16 million for the quarter. As a group, analysts expect that Ayro will post -5.31 earnings per share for the current fiscal 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.