Short Interest in Amaze Holdings (NYSEAMERICAN:AMZE) Declines By 42.5%

Amaze Holdings (NYSEAMERICAN:AMZEGet Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 927,367 shares, a decline of 42.5% from the April 15th total of 1,612,850 shares. Approximately 2.2% of the company’s shares are sold short. Based on an average trading volume of 2,309,736 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Amaze

A hedge fund recently bought a new stake in Amaze stock. Jane Street Group LLC bought a new position in shares of Amaze Holdings (NYSEAMERICAN:AMZEFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned approximately 0.43% of Amaze at the end of the most recent quarter. 23.00% of the stock is owned by institutional investors and hedge funds.

Amaze Trading Down 14.0%

Shares of AMZE traded down $0.02 during trading hours on Monday, reaching $0.14. The stock had a trading volume of 10,341,124 shares, compared to its average volume of 12,260,702. Amaze has a 52 week low of $0.11 and a 52 week high of $11.76. The company’s 50-day moving average is $0.19. The company has a market cap of $6.51 million, a P/E ratio of -0.02 and a beta of 1.62.

Amaze (NYSEAMERICAN:AMZEGet Free Report) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.16) EPS for the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 117.03%. The firm had revenue of $0.47 million during the quarter. Equities analysts forecast that Amaze will post 0.16 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AMZE shares. LADENBURG THALM/SH SH started coverage on shares of Amaze in a research report on Wednesday, January 21st. They issued a “buy” rating and a $3.00 price objective for the company. Zacks Research upgraded shares of Amaze to a “hold” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Amaze presently has a consensus rating of “Moderate Buy” and an average target price of $3.00.

Read Our Latest Analysis on AMZE

About Amaze

(Get Free Report)

Fresh Vine Wine, Inc produces and sells low-carb and low-calorie wines in the United States and Puerto Rico. Its wine varietals include cabernet sauvignon, pinot noir, chardonnay, and rose. The company offers its products through wholesale, retail, and direct-to-consumer channels. Fresh Vine Wine, Inc was founded in 2019 and is based in Plymouth, Minnesota. Fresh Vine Wine, Inc operates as a subsidiary of Nechio & Novak, LLC.

Recommended Stories

Receive News & Ratings for Amaze Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amaze and related companies with MarketBeat.com's FREE daily email newsletter.