EZFill Holdings Inc. (NASDAQ:EZFL) Sees Significant Decline in Short Interest

EZFill Holdings Inc. (NASDAQ:EZFL) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 71,200 shares, a drop of 7.2% from the January 15th total of 76,700 shares. Based on an average daily trading volume, of 45,200 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Investors Weigh In On EZFill

A hedge fund recently raised its stake in EZFill stock. FNY Investment Advisers LLC increased its position in EZFill Holdings Inc. (NASDAQ:EZFL) by 172.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,416 shares of the company’s stock after buying an additional 13,563 shares during the period. FNY Investment Advisers LLC owned 0.34% of EZFill worth $66,000 at the end of the most recent reporting period. Institutional investors own 10.56% of the company’s stock.

EZFill Stock Performance

NASDAQ:EZFL opened at $3.15 on Wednesday. The company has a quick ratio of 1.86, a current ratio of 1.94 and a debt-to-equity ratio of 0.14. EZFill has a twelve month low of $2.19 and a twelve month high of $7.55. The company has a fifty day moving average of $3.50 and a 200-day moving average of $3.19. The firm has a market capitalization of $20.41 million, a P/E ratio of -0.47 and a beta of -0.53.

About EZFill

EZFill Holdings Inc operates as a mobile fueling company primarily in Florida. It offers on-demand fueling services to consumer, fleet, marine, and other specialty markets. The company was incorporated in 2019 and is based in Miami, Florida.