Peraso Inc. (NASDAQ:PRSO – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 74,300 shares, an increase of 62.9% from the February 28th total of 45,600 shares. Based on an average daily trading volume, of 204,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 2.2% of the company’s shares are sold short.
Peraso Stock Performance
Peraso stock traded down $0.05 during mid-day trading on Friday, hitting $0.75. The company’s stock had a trading volume of 26,193 shares, compared to its average volume of 386,419. The stock has a market cap of $2.64 million, a PE ratio of -0.05 and a beta of 1.62. Peraso has a one year low of $0.68 and a one year high of $2.34. The company has a 50 day moving average of $0.85 and a 200-day moving average of $1.11.
About Peraso
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