Short Interest in Exro Technologies Inc. (OTCMKTS:EXROF) Grows By 184.9%

Exro Technologies Inc. (OTCMKTS:EXROF) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,226,900 shares, a growth of 184.9% from the October 31st total of 430,600 shares. Based on an average daily trading volume, of 1,178,900 shares, the short-interest ratio is presently 1.0 days.

Exro Technologies Trading Down 5.3 %

EXROF opened at $0.11 on Thursday. The stock has a market cap of $54.18 million and a PE ratio of -0.22. The business has a 50 day moving average of $0.15 and a 200-day moving average of $0.30. Exro Technologies has a 52 week low of $0.08 and a 52 week high of $1.11. The company has a quick ratio of 0.06, a current ratio of 0.33 and a debt-to-equity ratio of 0.07.

Analyst Ratings Changes

Separately, National Bank Financial cut Exro Technologies from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 15th.

About Exro Technologies

Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.