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

Ayro, Inc. (NASDAQ:AYRO) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 656,500 shares, a drop of 53.8% from the December 15th total of 1,420,000 shares. Based on an average daily volume of 523,200 shares, the short-interest ratio is currently 1.3 days. Currently, 12.0% of the shares of the company are short sold.

Ayro Stock Performance

Ayro stock traded up $0.00 during midday trading on Thursday, reaching $0.70. 166,199 shares of the company’s stock were exchanged, compared to its average volume of 151,940. The stock’s 50-day simple moving average is $0.74 and its 200 day simple moving average is $0.78. The firm has a market cap of $4.74 million, a price-to-earnings ratio of -0.16 and a beta of 3.20. Ayro has a 52 week low of $0.64 and a 52 week high of $1.86.

About Ayro

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.