Ryde Group Ltd. Price & Performance (RYDE)

Ryde Group saw a notable 14.5% drop in short interest during February, with shorted shares decreasing from 154,500 to 132,100. This represents 0.89% of its float. The short interest ratio remains low at 0.2 days to cover, signaling improved sentiment among investors.1

The lock-up period for Ryde Group's Class A Ordinary Shares and certain Common Warrants concludes today, March 28, 2025. This restriction, which limited sales by major shareholders and executives, had been in place for six months following the company's offering.23

Ryde Group's revenue for the trailing twelve months fell to 7.81 million SGD, a 25.96% year-over-year decline. Despite a 24.74% half-year growth in 2024, the company faces challenges in sustaining consistent revenue expansion.4