Ayro, Inc. (NASDAQ:AYRO) Short Interest Up 168.5% in December

Ayro, Inc. (NASDAQ:AYRO) was the recipient of a large 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. Approximately 25.9% of the company’s shares are sold short. Based on an average trading volume of 498,300 shares, the days-to-cover ratio is currently 2.8 days.

Ayro Trading Down 4.9 %

Shares of AYRO stock traded down $0.04 during trading hours on Friday, reaching $0.69. 262,891 shares of the stock were exchanged, compared to its average volume of 190,283. Ayro has a 12-month low of $0.65 and a 12-month high of $2.10. The firm has a market capitalization of $4.64 million, a price-to-earnings ratio of -0.16 and a beta of 3.27. The company’s 50-day moving average price is $0.75 and its 200-day moving average price is $0.79.

About Ayro

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.