Short Interest in EZFill Holdings Inc. (NASDAQ:EZFL) Drops By 13.8%

EZFill Holdings Inc. (NASDAQ:EZFL) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 168,500 shares, a drop of 13.8% from the March 15th total of 195,500 shares. Based on an average daily volume of 347,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On EZFill

A hedge fund recently raised its stake in EZFill stock. Vanguard Group Inc. boosted its position in shares of EZFill Holdings Inc. (NASDAQ:EZFL) by 10.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 386,132 shares of the company’s stock after acquiring an additional 37,332 shares during the quarter. Vanguard Group Inc. owned 1.47% of EZFill worth $405,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 10.56% of the company’s stock.

EZFill Stock Down 0.4 %

Shares of EZFL traded down $0.01 on Tuesday, reaching $2.33. The stock had a trading volume of 21,014 shares, compared to its average volume of 315,617. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.23 and a current ratio of 0.25. The company has a 50-day simple moving average of $1.81 and a 200-day simple moving average of $1.81. EZFill has a 12-month low of $1.13 and a 12-month high of $5.04. The firm has a market capitalization of $10.88 million, a price-to-earnings ratio of -0.84 and a beta of -0.21.

EZFill Company Profile

EZFill Holdings Inc operates as a mobile fueling company primarily in Florida. The company offers consumers and businesses with on-demand fueling services directly to their locations. It also provides its services for commercial and specialty customers during downtimes. The cmpany's fuel delivery services enable commercial customers to begin daily operations with fueled vehicles.