NeoVolta Inc. (NASDAQ:NEOVW – Get Free Report) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 49 shares, a drop of 63.4% from the July 30th total of 134 shares. Based on an average daily volume of 745 shares, the days-to-cover ratio is presently 0.1 days.
NeoVolta Price Performance
NASDAQ:NEOVW traded down $0.05 on Friday, reaching $1.22. The stock had a trading volume of 123 shares, compared to its average volume of 4,113. The firm’s fifty day moving average is $1.04 and its two-hundred day moving average is $1.18. NeoVolta has a 12-month low of $0.58 and a 12-month high of $3.81.
NeoVolta Company Profile
NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.
At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.
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