Low Float (Nasdaq: AYRO) Could Be Surging Towards A Major Squeeze Situation (Key Chart Positioning)

Ayro, Inc. (Nasdaq: AYRO) is atop my watchlist this morning.

*Sponsored StockWireNews Low Float (Nasdaq: AYRO) Could Be Surging Towards A Major Squeeze Situation (Key Chart Positioning) December 17th Greetings Readers, Ayro, Inc. (Nasdaq: AYRO) is atop my watchlist this morning. Popping green early, AYRO continues to impress on the heels of yesterday's major news announcement. Check it out here: AYRO Secures Purchase Order From a Top Three Automotive Manufacturer On top of that, a low float of fewer than 7Mn shares could create a volatile environment for AYRO. But here's what might be the most important thing to focus on this morning. A potential squeeze developing. With AYRO already trading above both its 50-Day Simple Moving Average (SMA) and its 13-Day Exponential Moving Average (EMA), a potential squeeze scenario may be developing on the horizon. Why? Because AYRO's 200-Day SMA has been falling and just dropped below the $1.00 recently. And if strong support starts growing at its 50-Day SMA and its 13-Day EMA, AYRO could see a squeeze develop quickly if a 200-Day SMA test happens this week (remember - low float profile). Take a moment to review my report below and consider (Nasdaq: AYRO) for your watchlist today. ----- A major announcement Monday that flew below the radar? That's what I'm thinking. After doing a deep-dive into a press release that's still pretty much hot off the press, I became certain I had a new Nasdaq profile ready to take over the top spot on my watchlist. And that's when I uncovered this profile's float size. Registering fewer than 7Mn shares in its float (according to Yahoo Finance), volatility potential could be significant with this breakout idea. This type of volatility may have been witnessed as recently as last week when this Nasdaq profile erupted for a 32% move in under 36 hours. It gets better... Observing this profile's 1-year chart at close Monday afternoon showed that a falling 200-Day Simple Moving Average (SMA) could soon create a squeeze scenario in the near term as potential support may be growing at a 50-Day SMA and a 13-Day Exponential Moving Average. With several other game-changing announcements riddled throughout 2024, this little-known Nasdaq profile may be gearing up for a breakthrough 2025. As this company targets disruption of a future market expected to reach $15Bn by 2028, it may be time to consider making room on your watchlist, too! Consider this Nasdaq idea for a top watchlist spot: *Ayro, Inc. (Nasdaq: AYRO)* AYRO designs and produces zero emission vehicles and systems that redefine the very nature of sustainability. Their goal is to craft solutions in a way that leaves minimal impact on not only carbon emissions, but the space itself. From tire tread, fuel cells, sound, and even discordant visuals, they apply engineering and artistry to every element of their product mix. And based on several potential catalysts, AYRO is racing up my watchlist. Take a look at these: No. 1 - Volatility Potential Could Become A Major Factor Based On This Low Float. No. 2 - An Order Secured With A Top 3 Auto Manufacturer Signals A New Source Of Revenue. No. 3 - AYRO Named "Tier One" Supplier For GM In Significant Accomplishment No. 4 - A Partnership With GLV Ventures To Help Redesign The Vanish (Goal To Secure New Partnerships & Orders). No. 5 - Company Turns Heads As The First Order From The U.S. Government Comes Rolling In! No. 6 - Could A Potential Squeeze Be In The Cards In The Not-Too-Distant Term? But more on those in a second... (Nasdaq: AYRO) Company Overview Founded in 2017; Headquartered in Round Rock, Texas Designs and manufactures low-speed electric vehicles (LSEVs) Purpose-built, innovative and highly customizable Perfectly suited for all utility environments, indoors and outdoors, for last mile extension Family of LSEVs featuring identical chassis, subsystems and components for logistical streamlining and minimizing total cost of ownership Web-connected and applications-enabled: "Autonomous ready" featuring AYROSync ----- (Nasdaq: AYRO) Company Highlights September 2021, new management team stepped in and re-vamped EVERYTHING about AYRO AYRO has 200 years of cumulative, relevant management experience 1st product in the lineup, 2023 AYRO Vanish – Released in Q4 2022, low-rate initial production kicked off in Q4 2023 Strong Vanish demand from early adopters Robust financial position for Vanish launch and subsequent models While launching a new platform and vehicles, AYRO has reduced costs significantly - clearly demonstrating management's discipline and prudence with resources and an ability to execute Strong intellectual property portfolio: multiple patents issued and in process, 2 trademarks registered and 8 pending Won prestigious "Red Dot Design Award" as well as Frost & Sullivan North American "New Product Innovation" for 2023 ----- (Nasdaq: AYRO)'s Target Market Opp. The low-speed vehicle (LSV) market is projected to grow from $10.4Bn in 2023 to $15.0Bn by 2028, at a CAGR of 7.4%. (1) Commercial utility vehicles are expected to dominate the lowspeed electric vehicle (LSEV) market and North America is estimated to be the largest LSEV market. (1) Stringent emission and safety standards are shifting preferences towards LSEVs. (2) Factors expected to boost demand of LSV markets in North America include; rising elderly population, commuters, campus and government fleets seeking mobility solutions beyond regular automobiles, and projections of lower vehicle miles and greenhouse gas emissions in the U.S. (3) Increasing applications in last-mile food and cargo delivery, micromobility, and campus/arena operations. (4) ----- (Nasdaq: AYRO)'s Product Lineup

All 3 platforms share virtually identical components and subsystems on tailored chassis architectures Industry-leading advanced ergonomics AYROSync fleet software – scalable telemetrics enabling efficient, collaborative deployment All new vehicles reduce total cost of ownership due to lower operational costs, reduced fleet size, reduced insurance overhang, common logistics, and application-enabled operational efficiencies ----- Bridging A Gap In The Market

Sources: Company Website. Company Presentation. ----- As mentioned above, AYRO has several potential catalysts that could provide this Nasdaq profile with breakout buzz. Take a look: No. 1 AYRO Potential Catalyst - Volatility Potential Could Become A Major Factor Based On This Low Float. According to info from the Yahoo Finance website, AYRO has a fairly low float. In fact, the website reports this profile to have approx. 6.79Mn shares in its float. Why is that important? It's important on one crucial level. Volatility potential. Could more positive company news towards the end of 2024 provide a near term spark? ----- No. 2 AYRO Potential Catalyst - An Order Secured With A Top 3 Auto Manufacturer Signals A New Source Of Revenue. AYRO Secures Purchase Order From a Top Three Automotive Manufacturer ROUND ROCK, TX / ACCESSWIRE / December 16, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announced today that through its partnership with GLV Ventures (GLV) it has secured its first purchase order from one of the top three automotive manufacturers in the United States. Josh Silverman, AYRO's Executive Chairman, commented, "This initial purchase order, which is from a top three automotive OEM, not only represents the first new business opp. that we have secured since partnering with GLV, demonstrating our intention to leverage their low-cost facilities to expand our focus to securing design and manufacturing projects. It is also indicative of our ability to now generate new sources of revenue. We believe that this organic growth initiative is just the first step in diversifying our business and we look forward to providing further updates, when appropriate." Read the full article here. ----- No. 3 AYRO Potential Catalyst - AYRO Named "Tier One" Supplier For GM In Significant Accomplishment AYRO Becomes Tier One Supplier for General Motors Work will expand the scope of AYRO's recently announced low-cost manufacturing and engineering efforts; AYRO intends to collaborate with partner GLV for future projects with the top U.S. auto manufacturer ROUND ROCK, TX / ACCESSWIRE / December 12, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro-mobility, and last-mile delivery, announces that it has been named a tier one supplier for General Motors (GM) through its partnership with GLV Ventures (GLV). AYRO and GLV intend to supply GM as part of an increase in scope of their previously announced low-cost manufacturing and engineering efforts. Josh Silverman, AYRO's Executive Chairman, commented, "Becoming a tier one supplier to GM is a significant accomplishment and favorably positions AYRO to work with one of the largest auto manufacturers in the world. This status, which was secured in conjunction with our partnership with GLV, is expected to leverage GLV's low-cost facilities to expand our focus to securing design and manufacturing projects. We believe that these new relationships are a catalyst for us as we continue to evaluate opp's to organically grow AYRO beyond its current low speed vehicle production capabilities. We believe that our new collaboration with GLV could lead to additional opp's with other key manufacturers, such as GM, with the potential for new revenue-generating purchase orders. We look forward to providing updates as appropriate." Read the full article here. ----- No. 4 AYRO Potential Catalyst - A Partnership With GLV Ventures To Help Redesign The Vanish (Goal To Secure New Partnerships & Orders). AYRO Partners with GLV Ventures for Lower Cost Engineering and Manufacturing Based in the United States Beginning with the Company's Vanish electric vehicle, AYRO will utilize GLV's lower cost U.S. manufacturing footprint to add new partnerships and secure new purchase orders ROUND ROCK, TX / ACCESSWIRE / December 4, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro-distribution, micro-mobility, and last-mile delivery, today announced a partnership with GLV Ventures for the engineering and manufacturing of the Company's electric vehicle, the Vanish. The relationship will launch with the re-engineering and manufacturing of the Vanish in the United States using its original specifications. Josh Silverman, AYRO's Executive Chairman, commented, "We are partnering with GLV to redesign the Vanish vehicle to produce a more viable vehicle using lower-cost production and engineering methods, while also ensuring that the vehicle is made in America at GLV's Beeville, Texas manufacturing facility. We believe that there is a significant market for low-speed EVs, like the Vanish, and we are dedicated to prudent and careful application of capital and resources to optimize its manufacture and distribution, all while ensuring that these vehicles are made in America. While GLV's low-cost manufacturing should help enable us to redesign the Vanish, improve unit pro-fit-ability and enhance competitiveness in the global market, our principal objective is to leverage this relationship to secure additional partnerships and drive new orders. We look forward to providing progress updates on this and future projects." ... Read the full article here. ----- No. 5 AYRO Potential Catalyst - Company Turns Heads As The First Order From The U.S. Government Comes Rolling In! AYRO Receives First U.S. Government Order for Its New Utility Low-Speed Electric Vehicle Begins launch of new vehicles with strong balance sheet of $48Mn in cash ROUND ROCK, TX / ACCESSWIRE / January 3, 2024 / AYRO, Inc. (NASDAQ:AYRO) ("AYRO" or the "Company"), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micromobility and last-mile delivery, announces that the Company received its first U.S. Government order for the Company's utility low-speed electric vehicle ("LSEV"), the AYRO Vanish (the "Vanish"), for a United States Embassy located in South Asia. "This order highlights the value a whisper quiet, high payload utility vehicle brings to an environment where noise is a principal liability," noted David Hollingsworth, Interim President of AYRO's Operating Division. "We believe that these vehicles can be deployed on the embassy compound for a plurality of uses and charge overnight from a standard electrical outlet, requiring no specialized charging infrastructure or the need for noisy generators." "Our in-vest-ment in bringing these innovative vehicles to the market is starting to pay off, as we are in the early stages of receiving orders from various customers, highlighting the value-add we are providing in the market. With $48Mn in cash on our balance sheet, we are focused on penetrating this exciting market, but doing so in a prudent manner, optimizing our costs and managing our cash burn," concluded Mr. Hollingsworth. This represents the first U.S. Government order since AYRO entered into low-rate initial production, passed California Air Resources Board confirmatory testing and completed all applicable homologation requirements in the United States and Canada. Read the full article here. ----- No. 6 AYRO Potential Catalyst - Could A Potential Squeeze Be In The Cards In The Not-Too-Distant Term? Here's (Nasdaq: AYRO)'s 6-month chart:

At 4:00PM EST close on Monday, AYRO was trading above 2 key lines of potential support in its 50-Day Simple Moving Average (SMA) and its 13-Day Exponential Moving Average (EMA). But do you see what happened last week? AYRO nearly touched its 200-Day SMA when it shot to a high of $.955 on the 12th after surging from a previous day's low of $.72. Looking at the chart above, it's easy to spot AYRO's 200-Day SMA has been falling, is now below the $1.00 mark, and nearly got tested last week... Can you see the squeeze potential growing? If support grows at AYRO's 50-Day SMA and 13-Day EMA, it'll be important to watch for a potential 200-Day SMA test in the near future. ----- (Nasdaq: AYRO) Recap - 6 Potential Catalysts That Could Provide Breakout Buzz Near Term No. 1 - Volatility Potential Could Become A Major Factor Based On This Low Float. No. 2 - An Order Secured With A Top 3 Auto Manufacturer Signals A New Source Of Revenue. No. 3 - AYRO Named "Tier One" Supplier For GM In Significant Accomplishment No. 4 - A Partnership With GLV Ventures To Help Redesign The Vanish (Goal To Secure New Partnerships & Orders). No. 5 - Company Turns Heads As The First Order From The U.S. Government Comes Rolling In! No. 6 - Could A Potential Squeeze Be In The Cards In The Not-Too-Distant Term? ----- Coverage is officially initiated on Ayro, Inc. (Nasdaq: AYRO). When there is more info to share, I'll have it out to you quickly. Talk again soon. Sincerely, Kai Parker StockWireNews Source 1 Source 2 Source 3 Source 4 (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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