Exro Technologies Inc. (OTCMKTS:EXROF) Short Interest Update

Exro Technologies Inc. (OTCMKTS:EXROF - Get Free Report) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,226,900 shares, a growth of 184.9% from the October 31st total of 430,600 shares. Based on an average daily volume of 1,178,900 shares, the days-to-cover ratio is currently 1.0 days.

Wall Street Analyst Weigh In

Separately, National Bank Financial lowered Exro Technologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 15th.

Exro Technologies Stock Down 5.3 %

OTCMKTS EXROF traded down $0.01 during trading on Thursday, hitting $0.11. The company's stock had a trading volume of 291,988 shares, compared to its average volume of 173,409. Exro Technologies has a fifty-two week low of $0.08 and a fifty-two week high of $1.11. The company has a market cap of $54.18 million and a PE ratio of -0.22. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.33 and a quick ratio of 0.06. The business's 50 day simple moving average is $0.15 and its 200-day simple moving average is $0.30.

Exro Technologies Company Profile

Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.