EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Large Growth in Short Interest

EZGO Technologies Ltd. (NASDAQ:EZGO) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 203,200 shares, a growth of 10.6% from the December 15th total of 183,800 shares. Based on an average daily volume of 512,200 shares, the short-interest ratio is currently 0.4 days. Currently, 8.5% of the company’s shares are sold short.

EZGO Technologies Trading Down 3.3 %

Shares of EZGO traded down $0.02 during trading hours on Monday, hitting $0.59. 185,141 shares of the stock were exchanged, compared to its average volume of 1,477,075. EZGO Technologies has a fifty-two week low of $0.51 and a fifty-two week high of $4.58. The business has a 50-day moving average of $0.82 and a 200-day moving average of $1.13.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.