Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 232,477 shares, an increase of 97,170.7% from the June 30th total of 239 shares. Based on an average daily volume of 1,582,498 shares, the short-interest ratio is presently 0.1 days.
Evolv Technologies Price Performance
Shares of EVLVW opened at $0.00 on Friday. The business’s 50-day moving average price is $0.03 and its 200 day moving average price is $0.10. Evolv Technologies has a 1-year low of $0.00 and a 1-year high of $1.08.
Evolv Technologies Company Profile
Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.
The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.
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