EVgo, Inc. (NASDAQ:EVGOW) Short Interest Update

EVgo, Inc. (NASDAQ:EVGOW) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 9,100 shares, a growth of 727.3% from the December 31st total of 1,100 shares. Based on an average trading volume of 127,100 shares, the days-to-cover ratio is currently 0.1 days.

EVgo Stock Up 3.0 %

Shares of NASDAQ:EVGOW traded up $0.01 during midday trading on Tuesday, hitting $0.34. The stock had a trading volume of 37,212 shares, compared to its average volume of 95,595. EVgo has a 1 year low of $0.12 and a 1 year high of $1.99. The stock has a 50 day moving average price of $0.73 and a two-hundred day moving average price of $0.69.

Institutional Inflows and Outflows

An institutional investor recently raised its position in EVgo stock. Wolverine Asset Management LLC lifted its position in shares of EVgo, Inc. (NASDAQ:EVGOW) by 37.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,242 shares of the company’s stock after purchasing an additional 24,091 shares during the period. Wolverine Asset Management LLC’s holdings in EVgo were worth $28,000 as of its most recent SEC filing.

EVgo Company Profile

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.