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

EZFill Holdings Inc. (NASDAQ:EZFL) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 70,000 shares, a growth of 10.6% from the July 15th total of 63,300 shares. Based on an average daily trading volume, of 15,300 shares, the days-to-cover ratio is presently 4.6 days.

EZFill Stock Down 2.2 %

Shares of EZFL traded down $0.06 on Friday, hitting $2.76. The company’s stock had a trading volume of 8,908 shares, compared to its average volume of 65,689. The firm’s fifty day moving average price is $4.45 and its 200-day moving average price is $4.89. EZFill has a fifty-two week low of $2.36 and a fifty-two week high of $12.60. The firm has a market capitalization of $13.28 million, a price-to-earnings ratio of -1.10 and a beta of -0.43.

EZFill (NASDAQ:EZFL) last released its quarterly earnings results on Tuesday, May 14th. The company reported ($1.12) earnings per share for the quarter. EZFill had a negative return on equity of 1,135.13% and a negative net margin of 40.77%. The firm had revenue of $6.60 million for the quarter.

Insider Transactions at EZFill

In related news, major shareholder Michael D. Farkas sold 42,734 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $5.83, for a total value of $248,925.55. Following the completion of the transaction, the insider now directly owns 493,892 shares in the company, valued at approximately $2,876,920.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 14.60% of the company’s stock.

Institutional Investors Weigh In On EZFill

A hedge fund recently bought a new stake in EZFill stock. Renaissance Technologies LLC purchased a new stake in EZFill Holdings Inc. (NASDAQ:EZFL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,829 shares of the company’s stock, valued at approximately $42,000. Renaissance Technologies LLC owned 0.45% of EZFill at the end of the most recent quarter. 10.56% of the stock is currently owned by institutional investors.

EZFill Company Profile

EZFill Holdings Inc operates as a mobile fueling company primarily in Florida. It offers on-demand fueling services to consumer, fleet, marine, and other specialty markets. The company was incorporated in 2019 and is based in Miami, Florida.