Ryvyl Inc. (NASDAQ:RVYL – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 153,600 shares, a decrease of 23.0% from the February 28th total of 199,400 shares. Based on an average trading volume of 90,800 shares, the days-to-cover ratio is currently 1.7 days. Currently, 2.5% of the shares of the company are short sold.
Institutional Investors Weigh In On Ryvyl
A hedge fund recently bought a new stake in Ryvyl stock. Mariner LLC bought a new stake in shares of Ryvyl Inc. (NASDAQ:RVYL – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 77,782 shares of the company’s stock, valued at approximately $101,000. Mariner LLC owned approximately 1.05% of Ryvyl as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 17.37% of the company’s stock.
Ryvyl Stock Performance
RVYL traded down $0.09 during trading on Tuesday, hitting $0.90. The company’s stock had a trading volume of 156,534 shares, compared to its average volume of 92,088. The business’s 50 day simple moving average is $1.09 and its 200-day simple moving average is $1.36. The firm has a market cap of $7.49 million, a PE ratio of -0.11 and a beta of 4.40. Ryvyl has a one year low of $0.69 and a one year high of $2.99. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 2.80.
Analyst Ratings Changes
Get Our Latest Stock Report on Ryvyl
Ryvyl Company Profile
Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.
Featured Stories
- Five stocks we like better than Ryvyl
- Stock Market Sectors: What Are They and How Many Are There?
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- There Are Different Types of Stock To Invest In
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- What is the Nikkei 225 index?
- Buffett Trims Equities, But Still Keeps Buying This Stock
Receive News & Ratings for Ryvyl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryvyl and related companies with MarketBeat.com's FREE daily email newsletter.
