NeoVolta Inc. (NASDAQ:NEOVW) Sees Large Increase in Short Interest

NeoVolta Inc. (NASDAQ:NEOVW) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,600 shares, a growth of 200.0% from the March 31st total of 1,200 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 1.1 days.

NeoVolta Price Performance

NEOVW stock remained flat at $0.37 during mid-day trading on Friday. NeoVolta has a one year low of $0.06 and a one year high of $1.00. The business’s fifty day moving average is $0.24 and its 200 day moving average is $0.34.

About NeoVolta

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.