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

Amaze Holdings (NYSEAMERICAN:AMZE) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 3,008,352 shares, an increase of 224.4% from the April 30th total of 927,367 shares. Based on an average trading volume of 20,617,183 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.3% of the company’s stock are short sold.

Amaze Price Performance

NYSEAMERICAN AMZE traded down $0.00 during trading hours on Friday, hitting $0.15. The company’s stock had a trading volume of 1,719,359 shares, compared to its average volume of 13,394,530. Amaze has a 52 week low of $0.11 and a 52 week high of $11.76. The stock has a market capitalization of $8.96 million, a P/E ratio of -0.02 and a beta of 1.62. The company’s 50-day moving average price is $0.17.

Amaze (NYSEAMERICAN:AMZE) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $0.47 million during the quarter. Amaze had a negative net margin of 571.96% and a negative return on equity of 149.33%. On average, research analysts anticipate that Amaze will post 0.16 EPS for the current fiscal year.

Insiders Place Their Bets

In other Amaze news, CEO Aaron Day purchased 470,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $0.14 per share, with a total value of $65,800.00. Following the transaction, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.18% of the company’s stock.

Institutional Investors Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC acquired a new stake in Amaze Holdings (NYSEAMERICAN:AMZE) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned about 0.43% of Amaze as of its most recent filing with the SEC. Institutional investors own 23.00% of the company’s stock.

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.