Short Interest in EZFill Holdings Inc. (NASDAQ:EZFL) Drops By 13.8%

EZFill Holdings Inc. (NASDAQ:EZFL) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 168,500 shares, a decline of 13.8% from the March 15th total of 195,500 shares. Based on an average trading volume of 347,400 shares, the days-to-cover ratio is presently 0.5 days.

EZFill Stock Performance

Shares of NASDAQ EZFL traded down $0.01 during trading on Tuesday, reaching $2.33. 21,014 shares of the company traded hands, compared to its average volume of 315,617. The firm’s fifty day simple moving average is $1.81 and its 200 day simple moving average is $1.81. The stock has a market cap of $10.88 million, a P/E ratio of -0.84 and a beta of -0.21. EZFill has a 12-month low of $1.13 and a 12-month high of $5.04. The company has a current ratio of 0.25, a quick ratio of 0.23 and a debt-to-equity ratio of 5.40.

Hedge Funds Weigh In On EZFill

An institutional investor recently raised its position in EZFill stock. Renaissance Technologies LLC raised its position in EZFill Holdings Inc. (NASDAQ:EZFL) by 154.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 305,300 shares of the company’s stock after buying an additional 185,200 shares during the period. Renaissance Technologies LLC owned about 1.16% of EZFill worth $321,000 at the end of the most recent reporting period. 10.56% of the stock is currently owned by institutional investors.

EZFill Company Profile

EZFill Holdings Inc operates as a mobile fueling company primarily in Florida. The company offers consumers and businesses with on-demand fueling services directly to their locations. It also provides its services for commercial and specialty customers during downtimes. The cmpany's fuel delivery services enable commercial customers to begin daily operations with fueled vehicles.