Short Interest in Amaze Holdings (NYSEAMERICAN:AMZE) Declines By 51.5%

Amaze Holdings (NYSEAMERICAN:AMZE) was the target of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,252,480 shares, a decline of 51.5% from the June 30th total of 2,580,231 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average trading volume of 3,511,113 shares, the days-to-cover ratio is currently 0.4 days.

Amaze Stock Performance

NYSEAMERICAN AMZE traded down $0.07 during trading on Tuesday, reaching $0.24. 5,558,274 shares of the company traded hands, compared to its average volume of 921,524. Amaze has a 1-year low of $0.21 and a 1-year high of $42.56. The firm has a market capitalization of $14.05 million, a P/E ratio of -0.03 and a beta of 1.64. The stock has a 50 day moving average price of $1.64.

Amaze (NYSEAMERICAN:AMZE) last issued its earnings results on Friday, May 15th. The company reported ($1.28) earnings per share (EPS) for the quarter. The firm had revenue of $0.47 million during the quarter. Equities research analysts forecast that Amaze will post 0.16 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Amaze news, CEO Aaron Day purchased 58,750 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average price of $1.12 per share, with a total value of $65,800.00. Following the completion of the transaction, the chief executive officer directly owned 130,664 shares of the company’s stock, valued at approximately $146,343.68. This trade represents a 81.69% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Amaze stock. Geode Capital Management LLC raised its stake in shares of Amaze Holdings (NYSEAMERICAN:AMZE) by 254.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 142,373 shares of the company’s stock after acquiring an additional 102,248 shares during the quarter. Geode Capital Management LLC owned approximately 0.71% of Amaze worth $54,000 as of its most recent filing with the SEC. Institutional investors own 23.00% of the company’s stock.

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.