Massimo Group (NASDAQ:MAMO) Short Interest Down 26.7% in April

Massimo Group (NASDAQ:MAMO - Get Free Report) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 38,500 shares, a decline of 26.7% from the March 31st total of 52,500 shares. Based on an average daily volume of 27,600 shares, the short-interest ratio is currently 1.4 days. Currently, 0.8% of the company's shares are short sold.

Massimo Group Trading Up 0.5 %

Shares of MAMO traded up $0.01 during mid-day trading on Tuesday, hitting $2.23. The company's stock had a trading volume of 486 shares, compared to its average volume of 50,723. The company's 50-day moving average is $2.62 and its 200-day moving average is $2.93. The firm has a market capitalization of $92.69 million and a price-to-earnings ratio of 11.74. Massimo Group has a 52-week low of $2.16 and a 52-week high of $4.66.

Massimo Group (NASDAQ:MAMO - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $20.05 million for the quarter. Massimo Group had a net margin of 6.90% and a return on equity of 39.46%.

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.