AMMO, Inc. (NASDAQ:POWWP) Short Interest Up 200.0% in October

AMMO, Inc. (NASDAQ:POWWP) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 300 shares, an increase of 200.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is currently 0.1 days.

AMMO Stock Performance

Shares of POWWP stock traded up $0.12 on Tuesday, hitting $21.13. The company had a trading volume of 3,354 shares, compared to its average volume of 3,369. The company has a 50-day moving average price of $23.17 and a 200-day moving average price of $24.84. AMMO has a twelve month low of $18.20 and a twelve month high of $27.20.

AMMO Company Profile

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals desiring home or personal protection, manufacturers, and law enforcement and military agencies. The company’s products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; Stelth Subsonic Ammunition primarily for suppressed firearms; and Jagemann Munition Components offers ammunition casings for pistol and rifle ammunition.