Amaze Holdings (NYSEAMERICAN:AMZE) Sees Significant Growth in Short Interest

Amaze Holdings (NYSEAMERICAN:AMZE) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,280,383 shares, a growth of 94.5% from the May 31st total of 2,201,027 shares. Currently, 7.4% of the company’s shares are short sold. Based on an average trading volume of 19,081,013 shares, the short-interest ratio is currently 0.2 days.

Insider Activity

In related news, CEO Aaron Day acquired 470,000 shares of the firm’s stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average cost of $0.14 per share, for a total transaction of $65,800.00. Following the acquisition, the chief executive officer owned 1,045,315 shares in the company, valued at $146,344.10. The trade was a 81.69% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Amaze stock. Jane Street Group LLC bought a new position in shares of Amaze Holdings (NYSEAMERICAN:AMZE) during the 4th quarter, according to its most recent disclosure 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 0.43% of Amaze as of its most recent SEC filing. 23.00% of the stock is currently owned by institutional investors and hedge funds.

Amaze Stock Down 0.3%

NYSEAMERICAN AMZE traded down $0.00 on Wednesday, reaching $0.13. The stock had a trading volume of 1,804,756 shares, compared to its average volume of 6,487,019. The company’s fifty day moving average price is $0.15. Amaze has a 12-month low of $0.11 and a 12-month high of $11.70. The company has a market capitalization of $7.47 million, a price-to-earnings ratio of -0.02 and a beta of 1.63.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. The firm had revenue of $0.47 million during the quarter. On average, sell-side analysts expect that Amaze will post 0.16 earnings per share for the current year.

Amaze Company Profile

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.