Ayro, Inc. (NASDAQ:AYRO) Short Interest Down 14.8% in March

Ayro, Inc. (NASDAQ:AYRO) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 643,700 shares, a decline of 14.8% from the February 28th total of 755,100 shares. Currently, 12.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 149,500 shares, the short-interest ratio is presently 4.3 days.

Institutional Trading of Ayro

An institutional investor recently bought a new position in Ayro stock. Virtu Financial LLC acquired a new position in shares of Ayro, Inc. (NASDAQ:AYRO) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 104,895 shares of the company’s stock, valued at approximately $72,000. Virtu Financial LLC owned approximately 1.55% of Ayro as of its most recent SEC filing. Institutional investors and hedge funds own 5.65% of the company’s stock.

Ayro Price Performance

Shares of NASDAQ:AYRO opened at $0.52 on Thursday. The company has a market capitalization of $3.52 million, a P/E ratio of -0.12 and a beta of 3.39. The business’s 50 day simple moving average is $0.59 and its 200 day simple moving average is $0.70. Ayro has a 1 year low of $0.49 and a 1 year high of $1.66.

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.