Ayro, Inc. (NASDAQ:AYRO) Short Interest Up 168.5% in December

Ayro, Inc. (NASDAQ:AYRO) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,420,000 shares, an increase of 168.5% from the November 30th total of 528,900 shares. Based on an average daily volume of 498,300 shares, the short-interest ratio is currently 2.8 days. Currently, 25.9% of the company’s stock are sold short.

Ayro Trading Down 4.9 %

Shares of AYRO traded down $0.04 during midday trading on Friday, hitting $0.69. 262,891 shares of the company’s stock traded hands, compared to its average volume of 190,283. Ayro has a 1 year low of $0.65 and a 1 year high of $2.10. The firm’s fifty day moving average is $0.75 and its 200-day moving average is $0.79. The stock has a market capitalization of $4.64 million, a price-to-earnings ratio of -0.16 and a beta of 3.27.

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.