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

Envirotech Vehicles, Inc. (NASDAQ:EVTV) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 490,300 shares, a decrease of 16.7% from the February 13th total of 588,800 shares. Based on an average daily trading volume, of 1,190,000 shares, the short-interest ratio is currently 0.4 days. Currently, 3.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Envirotech Vehicles

An institutional investor recently raised its position in Envirotech Vehicles stock. Geode Capital Management LLC grew its stake in Envirotech Vehicles, Inc. (NASDAQ:EVTV) by 8.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,703 shares of the company’s stock after buying an additional 10,066 shares during the period. Geode Capital Management LLC owned 0.80% of Envirotech Vehicles worth $241,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 5.65% of the company’s stock.

Envirotech Vehicles Trading Up 2.8 %

Shares of EVTV stock traded up $0.01 on Wednesday, hitting $0.26. The company had a trading volume of 125,179 shares, compared to its average volume of 348,617. The firm has a market cap of $4.29 million, a P/E ratio of -0.41 and a beta of 2.70. The stock’s 50-day moving average is $0.53 and its two-hundred day moving average is $1.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.55 and a current ratio of 3.43. Envirotech Vehicles has a twelve month low of $0.24 and a twelve month high of $3.20.

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.