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

Ayro, Inc. (NASDAQ:AYRO) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 755,100 shares, an increase of 19.8% from the February 13th total of 630,500 shares. Approximately 14.3% of the company’s stock are sold short. Based on an average daily volume of 593,000 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On Ayro

A hedge fund recently bought a new stake in Ayro stock. Virtu Financial LLC acquired a new stake in shares of Ayro, Inc. (NASDAQ:AYRO) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 104,895 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned about 1.55% of Ayro as of its most recent SEC filing. 5.65% of the stock is owned by hedge funds and other institutional investors.

Ayro Price Performance

AYRO stock opened at $0.52 on Wednesday. The stock has a market capitalization of $3.52 million, a P/E ratio of -0.12 and a beta of 3.39. Ayro has a 1-year low of $0.49 and a 1-year high of $1.75. The business has a fifty day moving average price of $0.62 and a 200-day moving average price of $0.72.

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.