Envirotech Vehicles, Inc. (NASDAQ:EVTV) Short Interest Update

Envirotech Vehicles, Inc. (NASDAQ:EVTV) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 43,369 shares, a drop of 48.9% from the December 15th total of 84,881 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 3,908,395 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 3,908,395 shares, the short-interest ratio is presently 0.0 days. Currently, 1.5% of the company’s stock are short sold.

Analyst Ratings Changes

EVTV has been the topic of several analyst reports. Wall Street Zen raised shares of Envirotech Vehicles to a “sell” rating in a research report on Saturday, October 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Envirotech Vehicles in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Envirotech Vehicles Stock Performance

Shares of EVTV stock traded up $0.41 on Thursday, hitting $3.51. The company’s stock had a trading volume of 23,538,535 shares, compared to its average volume of 151,474,078. Envirotech Vehicles has a fifty-two week low of $0.33 and a fifty-two week high of $11.50. The stock’s 50 day moving average is $1.02 and its 200-day moving average is $1.59. The company has a market capitalization of $12.38 million, a PE ratio of -0.30 and a beta of 0.61.

Envirotech Vehicles Company Profile

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. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.