Massimo Group (NASDAQ:MAMO) Short Interest Up 583.8% in April

Posted by on May 12th, 2026

Massimo Group (NASDAQ:MAMO – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 355,241 shares, an increase of 583.8% from the April 15th total of 51,951 shares. Approximately 3.8% of the company’s stock are sold short. Based on an average daily volume of 4,257,739 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Several brokerages recently issued reports on MAMO. Wall Street Zen upgraded shares of Massimo Group from a “hold” rating to a “buy” rating in a research note on Sunday, March 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Massimo Group in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on MAMO

Institutional Investors Weigh In On Massimo Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC grew its position in shares of Massimo Group by 43.7% during the 3rd quarter. Citadel Advisors LLC now owns 19,218 shares of the company’s stock valued at $45,000 after acquiring an additional 5,844 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in shares of Massimo Group in the fourth quarter valued at about $69,000. Goldman Sachs Group Inc. purchased a new position in shares of Massimo Group in the fourth quarter valued at about $78,000. Millennium Management LLC purchased a new position in shares of Massimo Group in the third quarter valued at about $88,000. Finally, Geode Capital Management LLC increased its position in shares of Massimo Group by 152.0% in the fourth quarter. Geode Capital Management LLC now owns 75,494 shares of the company’s stock valued at $300,000 after acquiring an additional 45,537 shares during the period.

Massimo Group Stock Down 1.7%

Shares of MAMO traded down $0.02 during midday trading on Tuesday, hitting $0.98. The company’s stock had a trading volume of 18,628 shares, compared to its average volume of 1,306,065. Massimo Group has a one year low of $0.85 and a one year high of $5.59. The company’s fifty day simple moving average is $1.02 and its two-hundred day simple moving average is $2.43. The stock has a market capitalization of $40.89 million, a price-to-earnings ratio of 24.55 and a beta of 0.45.

Massimo Group (NASDAQ:MAMO – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $0.05 earnings per share (EPS) for the quarter. Massimo Group had a return on equity of 7.49% and a net margin of 2.10%.The company had revenue of $21.02 million for the quarter.

About Massimo Group

(Get Free Report)

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels. The company sells its products through a network of dealerships, distributors, and chain stores, as well as the e-commerce marketplace.

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