Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Drops By 60.0%

NeoVolta Inc. (NASDAQ:NEOVW) was the recipient of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 800 shares, a decrease of 60.0% from the October 31st total of 2,000 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 0.2 days.

NeoVolta Price Performance

NASDAQ NEOVW remained flat at $2.42 during trading on Thursday. 136 shares of the company’s stock traded hands, compared to its average volume of 4,817. NeoVolta has a 1-year low of $0.06 and a 1-year high of $2.74. The business’s 50-day simple moving average is $1.25 and its 200 day simple moving average is $0.85.

NeoVolta Company Profile

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.