Short Interest in Ayro, Inc. (NASDAQ:AYRO) Rises By 168.5%

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

Ayro Price Performance

Shares of Ayro stock traded up $0.01 during trading hours on Thursday, hitting $0.72. 120,049 shares of the company’s stock traded hands, compared to its average volume of 189,931. The company has a fifty day simple moving average of $0.75 and a 200-day simple moving average of $0.79. The stock has a market capitalization of $4.87 million, a price-to-earnings ratio of -0.17 and a beta of 3.27. Ayro has a 12-month low of $0.65 and a 12-month high of $2.10.

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.