Amaze Holdings (NYSEAMERICAN:AMZE) Sees Significant Decline in Short Interest

Amaze Holdings (NYSEAMERICAN:AMZE) saw a large decrease in short interest in the month of 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. Based on an average daily trading volume, of 2,309,736 shares, the days-to-cover ratio is currently 0.4 days. Approximately 2.2% of the shares of the company are short sold.

Institutional Investors Weigh In On Amaze

A hedge fund recently bought a new stake in Amaze stock. Jane Street Group LLC acquired a new position in shares of Amaze Holdings (NYSEAMERICAN:AMZE) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 85,455 shares of the company’s stock, valued at approximately $32,000. Jane Street Group LLC owned 0.43% of Amaze at the end of the most recent reporting period. 23.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AMZE. LADENBURG THALM/SH SH began coverage on shares of Amaze in a report on Wednesday, January 21st. They issued a “buy” rating and a $3.00 price target on the stock. Zacks Research upgraded shares of 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $3.00.

Amaze Stock Down 14.0%

Shares of NYSEAMERICAN AMZE opened at $0.14 on Tuesday. The firm has a market cap of $6.51 million, a PE ratio of -0.02 and a beta of 1.62. Amaze has a 12 month low of $0.11 and a 12 month high of $11.76. The stock’s 50 day moving average price is $0.19.

Amaze (NYSEAMERICAN:AMZE) last issued its quarterly earnings data 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 117.03% and a negative net margin of 571.96%. On average, equities analysts forecast that Amaze will post 0.16 EPS for the current 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.