Exro Technologies Inc. (OTCMKTS:EXROF) Short Interest Down 5.5% in December

Exro Technologies Inc. (OTCMKTS:EXROF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,706,100 shares, a drop of 5.5% from the December 15th total of 1,805,100 shares. Based on an average daily trading volume, of 551,200 shares, the short-interest ratio is presently 3.1 days.

Exro Technologies Trading Down 3.6 %

EXROF stock traded down $0.00 during trading on Friday, hitting $0.08. The company had a trading volume of 84,650 shares, compared to its average volume of 256,533. The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 2.22. Exro Technologies has a 52-week low of $0.08 and a 52-week high of $0.90. The company has a 50 day simple moving average of $0.11 and a 200-day simple moving average of $0.21. The firm has a market capitalization of $45.12 million, a P/E ratio of -0.17 and a beta of 2.54.

Wall Street Analysts Forecast Growth

Separately, Maxim Group downgraded shares of Exro Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

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.