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AMMO, Inc. (NASDAQ:POWWP) Short Interest Update

kopsource ·  Dec 12, 2022 20:41

AMMO, Inc. (NASDAQ:POWWP – Get Rating) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 10,200 shares, a growth of 200.0% from the November 15th total of 3,400 shares. Based on an average daily trading volume, of 4,500 shares, the short-interest ratio is presently 2.3 days.

AMMO Stock Up 0.3 %

Shares of NASDAQ:POWWP traded up $0.07 during trading on Monday, reaching $25.80. The stock had a trading volume of 799 shares, compared to its average volume of 4,886. The firm's 50-day simple moving average is $25.33 and its 200 day simple moving average is $25.79. AMMO has a one year low of $24.40 and a one year high of $29.50.

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AMMO Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 30th will be paid a $0.553 dividend. This represents a $2.21 dividend on an annualized basis and a yield of 8.57%. The ex-dividend date of this dividend is Tuesday, November 29th.

AMMO Company Profile

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AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms.

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