Massimo Group (NASDAQ:MAMO) Short Interest Down 21.0% in February

Massimo Group (NASDAQ:MAMO) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 59,500 shares, a decrease of 21.0% from the February 13th total of 75,300 shares. Based on an average daily trading volume, of 66,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.2% of the company’s stock are short sold.

Massimo Group Stock Up 2.4 %

Shares of Massimo Group stock traded up $0.07 on Monday, hitting $2.77. 4,006 shares of the company’s stock traded hands, compared to its average volume of 41,643. The stock has a market cap of $114.43 million and a P/E ratio of 14.55. Massimo Group has a 52-week low of $2.42 and a 52-week high of $4.66. The firm’s 50-day moving average is $2.88 and its 200 day moving average is $3.22.

About Massimo Group

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels.