Short Interest in Ault Alliance, Inc. (NYSEAMERICAN:AULT) Increases By 14.5%

Ault Alliance, Inc. (NYSEAMERICAN:AULT) was the target of a large increase in short interest during the month of 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. Approximately 5.1% of the shares of the company are sold short. Based on an average daily volume of 6,330,000 shares, the days-to-cover ratio is presently 0.2 days.

Ault Alliance Stock Up 3.9 %

Ault Alliance stock traded up $0.01 during trading hours on Tuesday, hitting $0.29. 1,313,330 shares of the stock traded hands, 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 firm’s 50 day moving average price is $26.29. Ault Alliance has a 1 year low of $0.26 and a 1 year high of $1,561.20.

Institutional Trading of Ault Alliance

A hedge fund recently bought a new stake in Ault Alliance stock. BlackRock Inc. bought a new position in Ault Alliance, Inc. (NYSEAMERICAN:AULT) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,666 shares of the company’s stock, valued at approximately $29,000. BlackRock Inc. owned about 0.41% of Ault Alliance as of its most recent SEC filing. 41.05% of the stock is currently owned by institutional investors.

About Ault Alliance

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.