AMMO, Inc. (NASDAQ:POWWP) Short Interest Update

AMMO, Inc. (NASDAQ:POWWP) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 1,000 shares, a growth of 233.3% from the October 31st total of 300 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is currently 0.2 days.

AMMO Stock Up 5.9 %

Shares of POWWP stock traded up $1.28 during trading hours on Wednesday, reaching $22.85. 4,622 shares of the stock were exchanged, compared to its average volume of 3,450. AMMO has a 12-month low of $18.20 and a 12-month high of $27.20. The business’s fifty day moving average is $22.12 and its two-hundred day moving average is $24.49.

AMMO Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a $0.559 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 9.79%. The ex-dividend date is Monday, December 2nd.

AMMO Company Profile

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals desiring home or personal protection, manufacturers, and law enforcement and military agencies. The company’s products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; Stelth Subsonic Ammunition primarily for suppressed firearms; and Jagemann Munition Components offers ammunition casings for pistol and rifle ammunition.