Nuvve Holding Corp. (NASDAQ:NVVE) Short Interest Update

Nuvve Holding Corp. (NASDAQ:NVVE) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 95,800 shares, an increase of 20.2% from the February 13th total of 79,700 shares. Based on an average daily trading volume, of 1,290,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 9.3% of the shares of the company are short sold.

Nuvve Stock Up 1.4 %

Shares of NASDAQ NVVE traded up $0.02 during trading on Thursday, hitting $1.40. The company had a trading volume of 22,155 shares, compared to its average volume of 1,595,583. Nuvve has a fifty-two week low of $1.34 and a fifty-two week high of $17.30. The firm has a market capitalization of $1.81 million, a price-to-earnings ratio of -0.01 and a beta of 1.83. The stock has a fifty day simple moving average of $2.52 and a two-hundred day simple moving average of $3.46.

Hedge Funds Weigh In On Nuvve

An institutional investor recently bought a new position in Nuvve stock. Partners Group Holding AG purchased a new stake in Nuvve Holding Corp. (NASDAQ:NVVE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve accounts for approximately 2.3% of Partners Group Holding AG’s holdings, making the stock its 21st largest holding. Partners Group Holding AG owned approximately 971.74% of Nuvve as of its most recent SEC filing. 19.01% of the stock is currently owned by institutional investors and hedge funds.

About Nuvve

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.