Vroom, Inc. (NASDAQ:VRM) Short Interest Down 34.2% in October

Vroom, Inc. (NASDAQ:VRM) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 230,600 shares, a decline of 34.2% from the September 30th total of 350,500 shares. Currently, 16.4% of the company’s stock are sold short. Based on an average daily trading volume, of 48,200 shares, the days-to-cover ratio is presently 4.8 days.

Vroom Stock Performance

Shares of VRM stock opened at $9.39 on Tuesday. Vroom has a 12 month low of $5.00 and a 12 month high of $88.00. The company has a debt-to-equity ratio of 18.42, a current ratio of 3.72 and a quick ratio of 3.72. The firm has a market capitalization of $17.10 million, a P/E ratio of -0.05 and a beta of 1.90. The company’s fifty day moving average price is $8.47 and its two-hundred day moving average price is $9.48.

Vroom (NASDAQ:VRM) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($10.61) EPS for the quarter. Vroom had a negative return on equity of 237.47% and a negative net margin of 54.48%. The firm had revenue of $51.86 million during the quarter.

Vroom Company Profile

Vroom, Inc operates as an automotive finance company. The company offers vehicle financing to its customers through third party dealers under the UACC brand. It also provides artificial intelligence powered analytics and digital services to dealers, automotive financial services companies, and others in the automotive industry for automotive retail.