Amaze Holdings (NYSEAMERICAN:AMZE) Short Interest Up 224.4% in May

Amaze Holdings (NYSEAMERICAN:AMZE) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,008,352 shares, an increase of 224.4% from the April 30th total of 927,367 shares. Based on an average trading volume of 20,617,183 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.3% of the shares of the stock are sold short.

Insider Buying and Selling at Amaze

In related news, CEO Aaron Day purchased 470,000 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was bought at an average cost of $0.14 per share, with a total value of $65,800.00. Following the completion of the acquisition, the chief executive officer directly owned 1,045,315 shares in the company, valued at $146,344.10. The trade was a 81.69% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.18% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC bought a new stake in Amaze Holdings (NYSEAMERICAN:AMZE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned about 0.43% of Amaze at the end of the most recent quarter. Institutional investors own 23.00% of the company’s stock.

Amaze Price Performance

Amaze stock opened at $0.15 on Friday. The firm has a market capitalization of $8.96 million, a price-to-earnings ratio of -0.02 and a beta of 1.62. The firm has a fifty day simple moving average of $0.17. Amaze has a 52 week low of $0.11 and a 52 week high of $11.76.

Amaze (NYSEAMERICAN:AMZE) last released its earnings results on Friday, May 15th. The company reported ($0.16) EPS for the quarter. The business had revenue of $0.47 million during the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. As a group, equities research analysts forecast that Amaze will post 0.16 EPS for the current fiscal year.

Amaze Company Profile

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include cabernet sauvignon, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.