Amaze Holdings (NYSEAMERICAN:AMZE) Sees Significant Growth in Short Interest

Amaze Holdings (NYSEAMERICAN:AMZE) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,280,383 shares, a growth of 94.5% from the May 31st total of 2,201,027 shares. Based on an average trading volume of 19,081,013 shares, the days-to-cover ratio is currently 0.2 days. Currently, 7.4% of the company’s stock are sold short.

Insider Buying and Selling at Amaze

In related news, CEO Aaron Day acquired 470,000 shares of Amaze stock in a transaction dated Wednesday, May 20th. The shares were acquired at an average cost of $0.14 per share, for a total transaction of $65,800.00. Following the completion of the purchase, the chief executive officer owned 1,045,315 shares in the company, valued at approximately $146,344.10. The trade was a 81.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Amaze stock. Geode Capital Management LLC raised its position in Amaze Holdings (NYSEAMERICAN:AMZE) by 254.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 142,373 shares of the company’s stock after purchasing an additional 102,248 shares during the period. Geode Capital Management LLC owned 0.71% of Amaze worth $54,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 23.00% of the company’s stock.

Amaze Stock Performance

NYSEAMERICAN AMZE traded down $0.00 during trading hours on Wednesday, hitting $0.13. 1,804,756 shares of the company were exchanged, compared to its average volume of 6,487,019. The company’s 50 day simple moving average is $0.15. Amaze has a 52-week low of $0.11 and a 52-week high of $11.70. The firm has a market capitalization of $7.47 million, a price-to-earnings ratio of -0.02 and a beta of 1.63.

Amaze (NYSEAMERICAN:AMZE) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. The company had revenue of $0.47 million during the quarter. Equities analysts expect that Amaze will post 0.16 EPS for the current fiscal year.

Amaze Company Profile

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include cabernet sauvignon, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.