Amerityre Corp. (OTCMKTS:AMTY) Sees Significant Growth in Short Interest

Amerityre Corp. (OTCMKTS:AMTYGet Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 60,251 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 24,889 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.1% of the shares of the stock are sold short.

Amerityre Price Performance

Amerityre stock opened at $0.03 on Thursday. Amerityre has a 52-week low of $0.03 and a 52-week high of $0.05. The company has a fifty day simple moving average of $0.04 and a 200-day simple moving average of $0.04.

Amerityre Company Profile

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Amerityre Corporation is a Milford, Ohio–based manufacturer specializing in polymeric wheel, tire and vibration-isolation products for industrial and specialty equipment applications. The company develops and markets proprietary polyurethane-based solutions designed to replace traditional pneumatic and solid rubber components, offering enhanced durability, flat-proof performance and reduced maintenance requirements.

Amerityre’s product portfolio includes polymeric wheels and tires for material-handling equipment, mobile elevated platforms, hospital beds and various specialty vehicles.

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