EVgo, Inc. (NASDAQ:EVGOW) Sees Large Decrease in Short Interest

EVgo, Inc. (NASDAQ:EVGOW) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 568 shares, a decline of 42.0% from the February 12th total of 980 shares. Based on an average trading volume of 11,067 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 11,067 shares, the short-interest ratio is presently 0.1 days.

EVgo Price Performance

NASDAQ:EVGOW traded up $0.00 on Thursday, reaching $0.03. The stock had a trading volume of 17,419 shares, compared to its average volume of 22,225. EVgo has a 12-month low of $0.01 and a 12-month high of $0.38. The firm’s fifty day moving average is $0.06 and its two-hundred day moving average is $0.12.

About EVgo

EVgo, Inc (NASDAQ: EVGOW) is a leading operator of public fast-charging networks for electric vehicles (EVs) in the United States. The company designs, installs, owns and operates DC fast chargers, offering charging speeds from 50 kW up to 350 kW. EVgo’s network is purpose-built to support individual drivers, electric vehicle fleets and rideshare services, providing reliable access to high-power charging at retail, grocery, parking and hospitality locations.

EVgo’s service offerings include pay-as-you-go charging, subscription plans for frequent users and customized solutions for fleet operators seeking to electrify delivery, logistics and rideshare fleets.