General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Short Interest Update

General Enterprise Ventures, Inc. (OTCMKTS:GEVI) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 4,300 shares, an increase of 437.5% from the September 30th total of 800 shares. Based on an average trading volume of 6,800 shares, the days-to-cover ratio is currently 0.6 days.

General Enterprise Ventures Stock Performance

General Enterprise Ventures stock remained flat at $0.66 during mid-day trading on Friday. 1,000 shares of the company were exchanged, compared to its average volume of 3,917. General Enterprise Ventures has a 52 week low of $0.32 and a 52 week high of $1.10. The stock has a market capitalization of $24.29 million, a P/E ratio of -4.40 and a beta of 5.11. The firm’s 50-day moving average price is $0.73 and its 200 day moving average price is $0.69.

General Enterprise Ventures (OTCMKTS:GEVI) last posted its quarterly earnings results on Friday, August 16th. The company reported ($0.02) EPS for the quarter. General Enterprise Ventures had a negative return on equity of 391.64% and a negative net margin of 1,292.80%. The company had revenue of $0.20 million during the quarter.

About General Enterprise Ventures

General Enterprise Ventures, Inc, engages in installing large home and facility proactive wildfire prevention systems. It offers CitroTech products for the prevention and spread of wildfires, as well as lumber treatments for fire prevention. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021.