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

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

Ayro Stock Performance

Shares of AYRO stock traded up $0.03 during mid-day trading on Thursday, hitting $0.68. 198,874 shares of the stock traded hands, compared to its average volume of 127,313. Ayro has a twelve month low of $0.63 and a twelve month high of $1.86. The company’s 50-day simple moving average is $0.72 and its 200-day simple moving average is $0.77. The firm has a market cap of $4.59 million, a price-to-earnings ratio of -0.16 and a beta of 3.20.

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.