EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Large Growth in Short Interest

EZGO Technologies Ltd. (NASDAQ:EZGO) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 203,200 shares, a growth of 10.6% from the December 15th total of 183,800 shares. Based on an average daily volume of 512,200 shares, the short-interest ratio is currently 0.4 days. Approximately 8.5% of the shares of the company are sold short.

EZGO Technologies Stock Performance

Shares of EZGO traded down $0.02 on Monday, reaching $0.59. The company’s stock had a trading volume of 185,141 shares, compared to its average volume of 1,477,075. EZGO Technologies has a 12-month low of $0.51 and a 12-month high of $4.58. The stock’s 50 day simple moving average is $0.82 and its two-hundred day simple moving average is $1.13.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.