Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Expands By 650.0%

NeoVolta Inc. (NASDAQ:NEOVW) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 3,000 shares, a growth of 650.0% from the December 15th total of 400 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is presently 0.5 days.

NeoVolta Stock Down 18.3 %

Shares of NASDAQ:NEOVW traded down $0.36 during trading on Monday, reaching $1.61. 31,073 shares of the stock were exchanged, compared to its average volume of 15,939. The firm’s 50-day moving average price is $2.07 and its 200 day moving average price is $1.21. NeoVolta has a 12-month low of $0.06 and a 12-month high of $2.74.

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.