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Hyrecar Inc (NASDAQ:HYRE) Short Interest Increased By 19.37%

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The stock of Hyrecar Inc (NASDAQ:HYRE) registered an increase of 19.37% in short interest. HYRE’s total short interest was 159,000 shares in March as published by FINRA. Its up 19.37% from 133,200 shares, reported previously. With 95,700 shares average volume, it will take short sellers 2 days to cover their HYRE’s short positions. The short interest to Hyrecar Inc’s float is 2.27%.

The stock decreased 9.31% or $0.53 during the last trading session, reaching $5.16. About 1.03 million shares traded or 126.14% up from the average. HyreCar Inc. (NASDAQ:HYRE) has 0.00% since March 3, 2018 and is . It has by 0.00% the S&P500.

HyreCar Inc. operates a Web-based car-sharing marketplace in the United States. The company has market cap of $60.41 million. The Company’s marketplace allows car owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. It currently has negative earnings. The firm has a strategic partnership with DriveItAway and the PassTime to deliver dealer-focused vehicle tracking and inventory management solution.

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More notable recent HyreCar Inc. (NASDAQ:HYRE) news were published by: Nasdaq.com which released: “Peer-to-peer car sharing platform HyreCar files for an $11 million IPO – Nasdaq” on May 23, 2018, also Businesswire.com with their article: “Brian Allan Joins HyreCar as Senior Director, Strategic Partnerships – Business Wire” published on December 20, 2018, Businesswire.com published: “Dealer Partnership Offers Free Credit Repair Services to All Uber and Lyft Drivers in New Jersey and Pennsylvania – Business Wire” on December 11, 2018. More interesting news about HyreCar Inc. (NASDAQ:HYRE) were released by: Seekingalpha.com and their article: “HyreCar: Gross Profit Margin Of 49% And Undervalued At 2.6x Sales – Seeking Alpha” published on February 10, 2019 as well as Seekingalpha.com‘s news article titled: “HyreCar higher 16.9% on preliminary result – Seeking Alpha” with publication date: July 31, 2018.

Source: on 2019-03-02 19:11:15

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