Forza X1, Inc. (NASDAQ:FRZA) Short Interest Update

by · The Markets Daily

Forza X1, Inc. (NASDAQ:FRZA – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 225,500 shares, an increase of 361.1% from the May 31st total of 48,900 shares. Based on an average trading volume of 187,000 shares, the short-interest ratio is presently 1.2 days. Approximately 2.6% of the shares of the stock are short sold.

Forza X1 Stock Performance

NASDAQ:FRZA opened at $0.38 on Friday. The business’s 50-day moving average price is $0.40 and its two-hundred day moving average price is $0.48. Forza X1 has a twelve month low of $0.33 and a twelve month high of $1.57. The company has a quick ratio of 32.95, a current ratio of 34.27 and a debt-to-equity ratio of 0.01.

Forza X1 (NASDAQ:FRZA – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.07) earnings per share for the quarter.

Forza X1 Company Profile

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Forza X1, Inc focuses on designing, developing, and manufacturing electric boats in the United States. It intends to offer its products through a vertically integrated direct-to-consumer system. Forza X1, Inc was incorporated in 2021 and is headquartered in Fort Pierce, Florida.

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