Ayro, Inc. (NASDAQ:AYRO) Sees Large Decline in Short Interest

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

Ayro Trading Up 0.1 %

Shares of NASDAQ AYRO traded up $0.00 during mid-day trading on Wednesday, reaching $0.70. The company had a trading volume of 114,535 shares, compared to its average volume of 150,148. The firm has a 50 day simple moving average of $0.74 and a two-hundred day simple moving average of $0.78. Ayro has a 52-week low of $0.64 and a 52-week high of $1.86. The stock has a market cap of $4.72 million, a P/E ratio of -0.16 and a beta of 3.20.

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.