Ayro, Inc. (NASDAQ:AYRO) Short Interest Down 9.1% in September

Ayro, Inc. (NASDAQ:AYRO) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 565,300 shares, a decline of 9.1% from the August 31st total of 621,600 shares. Approximately 9.9% of the company’s shares are short sold. Based on an average daily trading volume, of 86,600 shares, the days-to-cover ratio is presently 6.5 days.

Ayro Stock Up 0.7 %

NASDAQ AYRO traded up $0.01 during trading on Friday, reaching $0.83. 9,431 shares of the stock traded hands, compared to its average volume of 79,382. Ayro has a fifty-two week low of $0.68 and a fifty-two week high of $2.38. The firm has a market cap of $4.38 million, a price-to-earnings ratio of -0.10 and a beta of 3.27. The stock’s 50-day moving average price is $0.80 and its 200 day moving average price is $1.04.

Ayro (NASDAQ:AYRO) last announced its quarterly earnings results on Thursday, August 15th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.34) by $1.48. Ayro had a negative net margin of 7,280.18% and a negative return on equity of 81.74%. Analysts anticipate that Ayro will post -5.31 EPS for the current fiscal year.

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.