EZFill Holdings Inc. (NASDAQ:EZFL) Sees Large Decline in Short Interest

EZFill Holdings Inc. (NASDAQ:EZFL – Get Rating) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 193,200 shares, a decrease of 19.7% from the March 15th total of 240,700 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 250,000 shares, the short-interest ratio is currently 0.8 days.

Several institutional investors and hedge funds have recently bought and sold shares of EZFL. Renaissance Technologies LLC acquired a new stake in shares of EZFill in the 4th quarter valued at approximately $166,000. Jane Street Group LLC acquired a new stake in shares of EZFill in the 3rd quarter valued at approximately $295,000. Millennium Management LLC acquired a new stake in shares of EZFill in the 3rd quarter valued at approximately $213,000. Murchinson Ltd. acquired a new stake in shares of EZFill in the 4th quarter valued at approximately $69,000. Finally, Virtu Financial LLC acquired a new stake in shares of EZFill in the 4th quarter valued at approximately $64,000. Institutional investors own 57.38% of the company’s stock.

Separately, Maxim Group started coverage on shares of EZFill in a research note on Thursday, March 17th. They set a “buy” rating and a $3.00 price objective on the stock.

Shares of EZFill stock opened at $0.91 on Tuesday. The firm’s 50-day moving average price is $1.09 and its two-hundred day moving average price is $1.79. EZFill has a 12-month low of $0.80 and a 12-month high of $5.49. The company has a current ratio of 22.77, a quick ratio of 22.71 and a debt-to-equity ratio of 0.01.

EZFill (NASDAQ:EZFL – Get Rating) last posted its quarterly earnings results on Thursday, March 3rd. The company reported ($0.14) earnings per share for the quarter. The firm had revenue of $2.00 million for the quarter.

About EZFill (Get Rating)

EZFill Holdings Inc operates in the mobile fuel industry primarily in Florida. It provides consumers and businesses with on-demand fueling services directly to their locations. It also provides its services for commercial and specialty customers, at-site delivery during downtimes and enables operators to begin daily operations with fueled vehicles.

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