Short Interest in Amaze Holdings (NYSEAMERICAN:AMZE) Declines By 42.5%

Amaze Holdings (NYSEAMERICAN:AMZE) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 927,367 shares, a decrease of 42.5% from the April 15th total of 1,612,850 shares. Approximately 2.2% of the company’s stock are sold short. Based on an average daily volume of 2,309,736 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

AMZE has been the subject of a number of research reports. LADENBURG THALM/SH SH initiated coverage on Amaze in a report on Wednesday, January 21st. They set a “buy” rating and a $3.00 target price for the company. Zacks Research upgraded Amaze to a “hold” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Amaze presently has an average rating of “Moderate Buy” and a consensus price target of $3.00.

Amaze Trading Down 14.0%

Shares of Amaze stock traded down $0.02 during trading hours on Monday, reaching $0.14. 10,341,124 shares of the company’s stock were exchanged, compared to its average volume of 12,260,702. The business’s 50 day moving average is $0.19. Amaze has a fifty-two week low of $0.11 and a fifty-two week high of $11.76. The firm has a market cap of $6.51 million, a PE ratio of -0.02 and a beta of 1.62.

Amaze (NYSEAMERICAN:AMZE) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.16) EPS for the quarter. Amaze had a negative return on equity of 117.03% and a negative net margin of 571.96%.The business had revenue of $0.47 million for the quarter. Equities analysts predict that Amaze will post 0.16 earnings per share for the current year.

Hedge Funds Weigh In On Amaze

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC acquired a new position in shares of Amaze Holdings (NYSEAMERICAN:AMZE) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned about 0.43% of Amaze at the end of the most recent reporting period. 23.00% of the stock is currently owned by institutional investors.

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.