Ryvyl Inc. (NASDAQ:RVYL) Short Interest Update

Ryvyl Inc. (NASDAQ:RVYL) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 26,900 shares, a decline of 24.0% from the March 31st total of 35,400 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average trading volume of 67,500 shares, the short-interest ratio is presently 0.4 days.

Ryvyl Stock Down 8.9 %

NASDAQ:RVYL traded down $0.13 during trading hours on Tuesday, reaching $1.33. The company had a trading volume of 79,688 shares, compared to its average volume of 63,677. Ryvyl has a twelve month low of $1.12 and a twelve month high of $17.50. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.68. The firm has a market cap of $8.01 million, a price-to-earnings ratio of -0.14 and a beta of 4.11. The business’s 50-day simple moving average is $3.08 and its two-hundred day simple moving average is $3.33.

Ryvyl (NASDAQ:RVYL) last issued its earnings results on Tuesday, March 26th. The company reported ($1.17) EPS for the quarter, missing the consensus estimate of ($0.40) by ($0.77). The firm had revenue of $22.25 million during the quarter, compared to the consensus estimate of $18.00 million. On average, equities analysts expect that Ryvyl will post -1.97 earnings per share for the current year.

About Ryvyl

Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia. The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger.