2 weeks Ago By ABMN Staff
Ryvyl Inc. ( NASDAQ:RVYL – Get Free Report ) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 172,800 shares, a drop of 24.
0% from the August 31st total of 227,300 shares. Based on an average trading volume of 52,900 shares, the days-to-cover ratio is presently 3.3 days.
Currently, 3.8% of the company’s shares are sold short. Institutional Trading of Ryvyl A number of institutional investors and hedge funds have recently made changes to their positions in RVYL.
CVI Holdings LLC grew its position in Ryvyl by 752.7% during the second quarter. CVI Holdings LLC now owns 106,379 shares of the company’s stock valued at $154,000 after acquiring an additional 93,904 shares during the period.
Renaissance Technologies LLC acquired a new stake in Ryvyl during the 2nd quarter worth approximately $60,000. Finally, Cross Staff Investments Inc purchased a new position in Ryvyl in the first quarter valued at approximately $100,000. 17.
37% of the stock is currently owned by institutional investors and hedge funds. Ryvyl Trading Down 0.8 % Shares of NASDAQ:RVYL traded down $0.
01 during midday trading on Friday, reaching $1.29. The company’s stock had a trading volume of 9,515 shares, compared to its average volume of 60,954.
The firm has a market cap of $8.35 million, a price-to-earnings ratio of -0.15 and a beta of 4.
30. The business has a 50 day moving average price of $1.36 and a 200 day moving average price of $1.
73. Ryvyl has a 1 year low of $0.89 and a 1 year high of $5.
48. The company has a quick ratio of 1.00, a current ratio of 1.
00 and a debt-to-equity ratio of 2.02. Ryvyl Company Profile ( Get Free Report ) Ryvyl Inc, a technology company, engages in the development, marketing, and sale of blockchain-based payment solutions in North America, Europe, and Asia.
The company's blockchain-based systems facilitate, record, and store a volume of tokenized assets representing cash or data on a blockchain-based ledger. See Also Receive News & Ratings for Ryvyl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryvyl and related companies with MarketBeat.com's FREE daily email newsletter .
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