Amaze Holdings (NYSEAMERICAN:AMZE) Sees Large Growth in Short Interest

Amaze Holdings (NYSEAMERICAN:AMZE) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 4,280,383 shares, a growth of 94.5% from the May 31st total of 2,201,027 shares. Currently, 7.4% of the shares of the company are short sold. Based on an average daily volume of 19,081,013 shares, the short-interest ratio is presently 0.2 days.

Amaze Price Performance

AMZE stock traded down $0.01 during midday trading on Thursday, hitting $0.12. The company’s stock had a trading volume of 3,727,009 shares, compared to its average volume of 6,469,416. Amaze has a 12 month low of $0.11 and a 12 month high of $11.70. The business has a 50 day moving average price of $0.15. The company has a market capitalization of $6.98 million, a price-to-earnings ratio of -0.01 and a beta of 1.64.

Amaze (NYSEAMERICAN:AMZE) last released 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. On average, analysts expect that Amaze will post 0.16 EPS for the current year.

Insider Transactions at Amaze

In related news, CEO Aaron Day purchased 470,000 shares of Amaze stock in a transaction on Wednesday, May 20th. The stock was acquired at an average price of $0.14 per share, for a total transaction of $65,800.00. Following the completion of the transaction, the chief executive officer directly owned 1,045,315 shares in the company, valued at $146,344.10. This represents a 81.69% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Amaze stock. Jane Street Group LLC bought a new position in Amaze Holdings (NYSEAMERICAN:AMZE) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 quarter. Institutional investors and hedge funds 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.