Ault Alliance, Inc. (NYSEAMERICAN:AULT) Sees Significant Increase in Short Interest

Ault Alliance, Inc. (NYSEAMERICAN:AULT) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 1,500,000 shares, a growth of 14.5% from the March 15th total of 1,310,000 shares. Based on an average trading volume of 6,330,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 5.1% of the shares of the stock are sold short.

Ault Alliance Stock Performance

NYSEAMERICAN:AULT traded up $0.01 during midday trading on Tuesday, hitting $0.29. 1,313,330 shares of the company traded hands, compared to its average volume of 5,747,258. The firm has a fifty day moving average price of $26.29. Ault Alliance has a 12-month low of $0.26 and a 12-month high of $1,561.20. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.68 and a current ratio of 0.79.

Institutional Trading of Ault Alliance

A hedge fund recently bought a new stake in Ault Alliance stock. BlackRock Inc. bought a new position in Ault Alliance, Inc. (NYSEAMERICAN:AULT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,666 shares of the company’s stock, valued at approximately $29,000. BlackRock Inc. owned 0.41% of Ault Alliance as of its most recent SEC filing. Institutional investors and hedge funds own 41.05% of the company’s stock.

About Ault Alliance

Ault Alliance, Inc, through its subsidiaries, provides customized solutions for the military markets in North America, Europe, the Middle East, and internationally. The company operates through eight segments: Energy and Infrastructure, Technology and Finance, SMC, BNI, GIGA, TurnOnGreen, AGREE, and Ault Disruptive.