Envirotech Vehicles, Inc. (NASDAQ:EVTV) Sees Significant Growth in Short Interest

Envirotech Vehicles, Inc. (NASDAQ:EVTV) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 185,100 shares, a growth of 394.9% from the August 31st total of 37,400 shares. Based on an average daily volume of 367,100 shares, the short-interest ratio is presently 0.5 days. Approximately 5.8% of the shares of the stock are sold short. Approximately 5.8% of the shares of the stock are sold short. Based on an average daily volume of 367,100 shares, the short-interest ratio is presently 0.5 days.

Envirotech Vehicles Price Performance

Shares of EVTV opened at $1.51 on Friday. Envirotech Vehicles has a 1-year low of $1.44 and a 1-year high of $21.30. The stock has a market cap of $5.33 million, a price-to-earnings ratio of -0.14 and a beta of 2.95. The firm has a 50 day simple moving average of $2.10 and a 200-day simple moving average of $2.15.

Envirotech Vehicles (NASDAQ:EVTV) last released its quarterly earnings results on Monday, August 18th. The company reported ($2.01) earnings per share for the quarter. The business had revenue of $1.05 million during the quarter.

About Envirotech Vehicles

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks.