Twin Vee Powercats Co. (NASDAQ:VEEE) Short Interest Update

Twin Vee Powercats Co. (NASDAQ:VEEE) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 260,800 shares, a drop of 30.6% from the October 31st total of 375,800 shares. Approximately 4.8% of the shares of the stock are short sold. Based on an average trading volume of 423,200 shares, the short-interest ratio is currently 0.6 days.

Twin Vee Powercats Stock Performance

Shares of NASDAQ:VEEE remained flat at $0.42 during trading on Friday. The stock had a trading volume of 133,952 shares, compared to its average volume of 151,225. The stock has a market capitalization of $3.95 million, a price-to-earnings ratio of -0.39 and a beta of 1.28. Twin Vee Powercats has a 52-week low of $0.33 and a 52-week high of $1.77. The company has a quick ratio of 3.13, a current ratio of 4.00 and a debt-to-equity ratio of 0.11. The firm’s 50-day simple moving average is $0.51 and its two-hundred day simple moving average is $0.54.

Twin Vee Powercats Company Profile

Twin Vee PowerCats Co engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats. It operates in three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, such as fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing, and diving expeditions.