NeoVolta Inc. (NASDAQ:NEOVW) Sees Large Increase in Short Interest

NeoVolta Inc. (NASDAQ:NEOVW – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 755 shares, a growth of 128.8% from the September 15th total of 330 shares. Based on an average daily volume of 6,244 shares, the short-interest ratio is presently 0.1 days.

NeoVolta Stock Up 5.7%

Shares of NASDAQ NEOVW traded up $0.04 during mid-day trading on Thursday, hitting $0.71. The company had a trading volume of 382 shares, compared to its average volume of 4,632. NeoVolta has a 1-year low of $0.58 and a 1-year high of $3.81. The business’s 50-day simple moving average is $1.03 and its 200 day simple moving average is $1.09.

About NeoVolta

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NeoVolta, Inc develops and manufactures residential energy storage systems designed to store electricity for use during outages, periods of high electricity demand and other times when grid power is unavailable or less economical. Its systems are intended to complement solar installations and provide backup power for homes.

The company’s product portfolio includes modular battery storage systems, inverters and related energy-management technology. NeoVolta’s systems are designed to support whole-home or essential-load backup and can be monitored and managed through software-based tools.

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