Envirotech Vehicles, Inc. (NASDAQ:EVTV) Short Interest Update

Envirotech Vehicles, Inc. (NASDAQ:EVTV) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 915,700 shares, an increase of 559.3% from the January 15th total of 138,900 shares. Currently, 6.2% of the shares of the company are sold short. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of Envirotech Vehicles

A hedge fund recently raised its stake in Envirotech Vehicles stock. Geode Capital Management LLC raised its position in Envirotech Vehicles, Inc. (NASDAQ:EVTV) by 8.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,703 shares of the company’s stock after purchasing an additional 10,066 shares during the quarter. Geode Capital Management LLC owned about 0.80% of Envirotech Vehicles worth $241,000 as of its most recent filing with the Securities and Exchange Commission. 5.65% of the stock is currently owned by institutional investors and hedge funds.

Envirotech Vehicles Stock Down 2.1 %

NASDAQ:EVTV opened at $0.34 on Thursday. Envirotech Vehicles has a 52 week low of $0.29 and a 52 week high of $3.20. The firm has a market capitalization of $5.71 million, a PE ratio of -0.54 and a beta of 2.53. The company has a current ratio of 3.43, a quick ratio of 1.55 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average of $1.00 and a 200-day moving average of $1.51.

Envirotech Vehicles Company Profile

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks.