Short Interest in Ayro, Inc. (NASDAQ:AYRO) Decreases By 53.8%

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

Ayro Stock Performance

AYRO traded up $0.00 on Thursday, reaching $0.70. The company had a trading volume of 166,199 shares, compared to its average volume of 151,940. The stock has a market cap of $4.74 million, a P/E ratio of -0.16 and a beta of 3.20. Ayro has a fifty-two week low of $0.64 and a fifty-two week high of $1.86. The company’s fifty day moving average is $0.74 and its 200 day moving average is $0.78.

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.