Ault Alliance, Inc. (NYSEAMERICAN:AULT) Short Interest Update

Ault Alliance, Inc. (NYSEAMERICAN:AULT) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 1,500,000 shares, an increase of 14.5% from the March 15th total of 1,310,000 shares. Currently, 5.1% of the shares of the stock are sold short. Based on an average daily volume of 6,330,000 shares, the days-to-cover ratio is currently 0.2 days.

Ault Alliance Price Performance

Ault Alliance stock traded up $0.01 on Tuesday, reaching $0.29. The company’s stock had a trading volume of 1,313,330 shares, compared to its average volume of 5,747,258. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.68 and a current ratio of 0.79. The company’s fifty day moving average is $26.29. Ault Alliance has a twelve month low of $0.26 and a twelve month high of $1,561.20.

Hedge Funds Weigh In On Ault Alliance

An institutional investor recently bought a new position in Ault Alliance stock. BlackRock Inc. purchased a new stake in shares of Ault Alliance, Inc. (NYSEAMERICAN:AULT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,666 shares of the company’s stock, valued at approximately $29,000. BlackRock Inc. owned 0.41% of Ault Alliance as of its most recent SEC filing. 41.05% of the stock is owned by institutional investors.

Ault Alliance Company Profile

Ault Alliance, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. The company operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, BNI, GIGA, TurnOnGreen, AGREE, and Ault Disruptive.