Exro Technologies Inc. (OTCMKTS:EXROF – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 620,400 shares, a growth of 46.0% from the May 31st total of 425,000 shares. Based on an average daily volume of 325,400 shares, the days-to-cover ratio is presently 1.9 days.
Analyst Ratings Changes
Separately, National Bank Financial reissued an “outperform market weight” rating on shares of Exro Technologies in a research note on Friday, April 5th.
Check Out Our Latest Report on Exro Technologies
Exro Technologies Stock Performance
Exro Technologies (OTCMKTS:EXROF – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The firm had revenue of $0.94 million for the quarter, compared to analysts’ expectations of $1.99 million. Exro Technologies had a negative return on equity of 139.09% and a negative net margin of 826.56%. Sell-side analysts anticipate that Exro Technologies will post -0.12 EPS for the current fiscal year.
Exro Technologies Company Profile
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.
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