Algorhythm Holdings, Inc. (NASDAQ:RIME) Short Interest Update

Posted by Stanley Muller on Oct 1st, 2026

Algorhythm Holdings, Inc. (NASDAQ:RIME – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 417,949 shares, a decrease of 43.8% from the August 31st total of 743,512 shares. Currently, 2.5% of the company’s shares are sold short. Based on an average daily trading volume, of 1,213,708 shares, the short-interest ratio is presently 0.3 days.

Algorhythm Price Performance

Shares of NASDAQ:RIME traded up $0.00 during trading on Thursday, reaching $0.17. 426,700 shares of the stock were exchanged, compared to its average volume of 3,148,418. Algorhythm has a 1-year low of $0.14 and a 1-year high of $4.58. The stock has a fifty day moving average of $0.30 and a two-hundred day moving average of $0.65. The firm has a market cap of $2.81 million, a price-to-earnings ratio of -0.11 and a beta of -0.25.

Algorhythm (NASDAQ:RIME – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.25) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.11. Algorhythm had a negative net margin of 176.39% and a negative return on equity of 1,310.33%. The business had revenue of $3.00 million during the quarter, compared to the consensus estimate of $3.00 million.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Algorhythm in a research report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce”.

Check Out Our Latest Stock Report on RIME

About Algorhythm

(Get Free Report)

Algorhythm Holdings, Inc is a technology and entertainment company focused on music-related products, digital content and artificial intelligence applications. The company operates through businesses that develop consumer entertainment experiences and technology-enabled services.

Its principal operating business is The Singing Machine, a provider of karaoke systems, microphones, accessories and related digital music content. The Singing Machine’s products are distributed through retail and e-commerce channels, primarily in North America and select international markets.

Algorhythm has expanded its focus beyond traditional karaoke hardware to include digital entertainment and AI-driven technology initiatives.