Ryde Group Ltd. (NYSEAMERICAN:RYDE) Short Interest Down 19.2% in March

Ryde Group Ltd. (NYSEAMERICAN:RYDE) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 106,800 shares, a decrease of 19.2% from the February 28th total of 132,100 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 694,600 shares, the days-to-cover ratio is presently 0.2 days.

Ryde Group Stock Down 9.9 %

Shares of RYDE stock opened at $0.27 on Monday. The company has a fifty day moving average price of $0.37. Ryde Group has a twelve month low of $0.27 and a twelve month high of $22.49.

Ryde Group Company Profile

Ryde Group Ltd engages in mobility and quick commerce businesses in Singapore. The Mobility segment provides on-demand and scheduled carpooling and ride-hailing services. The Quick Commerce segment offers real-time on-demand, scheduled, and multi-stop parcel delivery services. The company was founded in 2014 and is headquartered in Singapore.