Short Interest in Presto Automation Inc. (NASDAQ:PRSTW) Rises By 33.3%

Presto Automation Inc. (NASDAQ:PRSTW) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, an increase of 33.3% from the March 31st total of 300 shares. Based on an average daily trading volume, of 45,000 shares, the short-interest ratio is currently 0.0 days.

Presto Automation Stock Performance

Shares of NASDAQ:PRSTW remained flat at $0.01 during mid-day trading on Friday. 3,777 shares of the company were exchanged, compared to its average volume of 40,521. The company has a 50-day moving average price of $0.02 and a 200-day moving average price of $0.03. Presto Automation has a 1 year low of $0.01 and a 1 year high of $0.20.

About Presto Automation

Presto Automation Inc engages in the provision of artificial intelligence (AI) and automation solutions to the restaurant enterprise technology industry in the United States. The company offers Presto Voice, an AI solution to quick service restaurants that completes complex orders, including large orders with multiple menu modifications and add-ons, with limited on-site restaurant staff intervention; and Presto Touch, a pay-at-table tablet solution to casual dining chains that enables self-serve ordering, payment processing, personalization, and gaming experiences for restaurant guests.