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

Ayro, Inc. (NASDAQ:AYRO) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 683,500 shares, a growth of 10.2% from the January 15th total of 620,400 shares. Approximately 13.0% of the company’s stock are sold short. Based on an average daily volume of 536,100 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Ayro

An institutional investor recently bought a new position in Ayro stock. Virtu Financial LLC purchased a new position in Ayro, Inc. (NASDAQ:AYRO) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 104,895 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned about 1.55% of Ayro at the end of the most recent reporting period. Institutional investors and hedge funds own 5.65% of the company’s stock.

Ayro Price Performance

Shares of AYRO opened at $0.68 on Friday. The business’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.75. Ayro has a 52 week low of $0.60 and a 52 week high of $1.86.

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.