Ayro, Inc. (NASDAQ:AYRO) Short Interest Down 53.8% in January

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

Ayro Stock Performance

Shares of NASDAQ AYRO traded up $0.03 during mid-day trading on Thursday, reaching $0.68. The company had a trading volume of 198,874 shares, compared to its average volume of 127,313. The company has a market capitalization of $4.59 million, a price-to-earnings ratio of -0.16 and a beta of 3.20. The stock has a fifty day moving average of $0.72 and a two-hundred day moving average of $0.77. Ayro has a 12-month low of $0.63 and a 12-month high of $1.86.

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.