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

EZGO Technologies Ltd. (NASDAQ:EZGO) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 183,800 shares, an increase of 15.5% from the November 30th total of 159,200 shares. Currently, 7.7% of the company’s stock are short sold. Based on an average trading volume of 74,600 shares, the short-interest ratio is currently 2.5 days.

EZGO Technologies Trading Up 2.5 %

EZGO stock traded up $0.02 during midday trading on Monday, hitting $0.83. 321,662 shares of the company traded hands, compared to its average volume of 215,488. EZGO Technologies has a twelve month low of $0.65 and a twelve month high of $4.60. The company has a current ratio of 4.02, a quick ratio of 3.69 and a debt-to-equity ratio of 0.11. The business has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $1.22.

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.