Massimo Group (NASDAQ:MAMO) Short Interest Update

Massimo Group (NASDAQ:MAMO) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 38,700 shares, an increase of 311.7% from the September 15th total of 9,400 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 42,700 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 42,700 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.8% of the company’s stock are sold short.

Massimo Group Stock Performance

Massimo Group stock opened at $2.74 on Monday. The stock has a market cap of $114.09 million, a P/E ratio of -22.83 and a beta of -0.21. The stock has a 50 day moving average of $2.84 and a 200-day moving average of $2.56. Massimo Group has a 52 week low of $1.84 and a 52 week high of $4.66.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Massimo Group in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Massimo Group Company Profile

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels.