Short Interest in Canoo Inc. (NASDAQ:GOEVW) Increases By 6.6%

Canoo Inc. (NASDAQ:GOEVW) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 27,400 shares, an increase of 6.6% from the November 15th total of 25,700 shares. Based on an average daily trading volume, of 74,800 shares, the short-interest ratio is currently 0.4 days.

Canoo Trading Up 34.1 %

Shares of NASDAQ:GOEVW traded up $0.01 on Tuesday, hitting $0.03. The company’s stock had a trading volume of 296,888 shares, compared to its average volume of 120,894. Canoo has a 12 month low of $0.01 and a 12 month high of $0.17. The stock’s 50-day moving average is $0.03 and its two-hundred day moving average is $0.04.

Canoo Company Profile

Canoo Inc, a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components.