Amaze Holdings (NYSEAMERICAN:AMZE) Short Interest Up 224.4% in May

Amaze Holdings (NYSEAMERICAN:AMZE) saw a significant 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. Approximately 5.3% of the shares of the stock are short sold. Based on an average daily volume of 20,617,183 shares, the days-to-cover ratio is presently 0.1 days.

Insider Buying and Selling

In other news, CEO Aaron Day bought 470,000 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of $0.14 per share, for a total transaction of $65,800.00. Following the completion of the transaction, the chief executive officer owned 1,045,315 shares in the company, valued at $146,344.10. This trade represents a 81.69% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 4.18% of the company’s stock.

Hedge Funds Weigh In On Amaze

A hedge fund recently bought a new stake in Amaze stock. Jane Street Group LLC purchased a new position in Amaze Holdings (NYSEAMERICAN:AMZE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 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 SEC filing. 23.00% of the stock is currently owned by institutional investors and hedge funds.

Amaze Stock Performance

AMZE opened at $0.15 on Friday. The business’s fifty day moving average price is $0.17. The stock has a market capitalization of $8.96 million, a P/E ratio of -0.02 and a beta of 1.62. Amaze has a one year low of $0.11 and a one year high of $11.76.

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

About Amaze

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.