Vroom, Inc. (NASDAQ:VRM) Short Interest Up 20.9% in July

Vroom, Inc. (NASDAQ:VRM) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 272,400 shares, an increase of 20.9% from the July 15th total of 225,300 shares. Approximately 16.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 29,600 shares, the short-interest ratio is presently 9.2 days.

Vroom Price Performance

NASDAQ:VRM traded up $0.61 during trading hours on Thursday, reaching $6.82. The company had a trading volume of 47,604 shares, compared to its average volume of 91,454. The company has a quick ratio of 3.72, a current ratio of 3.72 and a debt-to-equity ratio of 18.42. The stock has a 50-day moving average of $9.02 and a two-hundred day moving average of $11.31. Vroom has a one year low of $5.00 and a one year high of $118.00. The firm has a market capitalization of $12.34 million, a PE ratio of -0.03 and a beta of 1.89.

About Vroom

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.