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

Envirotech Vehicles, Inc. (NASDAQ:EVTV) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 315,000 shares, a decrease of 6.1% from the September 30th total of 335,600 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average trading volume of 69,900 shares, the days-to-cover ratio is presently 4.5 days.

Envirotech Vehicles Stock Performance

Shares of Envirotech Vehicles stock traded down $0.02 on Friday, reaching $1.80. 7,423 shares of the company were exchanged, compared to its average volume of 43,286. Envirotech Vehicles has a 1-year low of $0.92 and a 1-year high of $3.20. The firm has a market cap of $28.31 million, a price-to-earnings ratio of -1.92 and a beta of 2.76. The company’s 50-day moving average is $1.86 and its two-hundred day moving average is $1.82.

Envirotech Vehicles (NASDAQ:EVTV) last posted its earnings results on Wednesday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. Envirotech Vehicles had a negative net margin of 789.13% and a negative return on equity of 63.54%. The company had revenue of $0.81 million during the quarter.

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.