Canoo Inc. (NASDAQ:GOEVW) Short Interest Up 6.6% in November

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

Canoo Stock Up 34.1 %

GOEVW stock traded up $0.01 on Tuesday, hitting $0.03. 296,888 shares of the company’s stock traded hands, compared to its average volume of 120,894. Canoo has a 1-year low of $0.01 and a 1-year high of $0.17. The stock has a fifty day moving average of $0.03 and a 200-day moving average of $0.04.

About Canoo

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.