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

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

NeoVolta Stock Up 8.3 %

NASDAQ NEOVW traded up $0.10 during mid-day trading on Tuesday, hitting $1.30. The stock had a trading volume of 19,807 shares, compared to its average volume of 11,383. The firm’s 50 day moving average is $2.02 and its 200 day moving average is $1.27. NeoVolta has a twelve month low of $0.06 and a twelve 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.