Twin Vee Powercats Co. (NASDAQ:VEEE) Short Interest Up 35.0% in January

Twin Vee Powercats Co. (NASDAQ:VEEE) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 268,700 shares, a growth of 35.0% from the December 31st total of 199,100 shares. Based on an average daily trading volume, of 840,700 shares, the days-to-cover ratio is presently 0.3 days. Currently, 2.6% of the shares of the stock are short sold.

Twin Vee Powercats Stock Down 3.1 %

VEEE opened at $0.41 on Friday. Twin Vee Powercats has a one year low of $0.31 and a one year high of $1.37. The company has a market cap of $3.94 million, a price-to-earnings ratio of -0.39 and a beta of 1.04. The business’s fifty day moving average is $0.42 and its two-hundred day moving average is $0.48. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 4.00.

About Twin Vee Powercats

Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.