Short Interest in EZGO Technologies Ltd. (NASDAQ:EZGO) Declines By 22.8%

EZGO Technologies Ltd. (NASDAQ:EZGO) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 168,600 shares, a decline of 22.8% from the February 28th total of 218,300 shares. Approximately 3.1% of the company’s shares are sold short. Based on an average daily trading volume, of 562,500 shares, the short-interest ratio is currently 0.3 days.

EZGO Technologies Price Performance

Shares of NASDAQ EZGO traded down $0.02 during midday trading on Monday, reaching $0.34. The company had a trading volume of 56,607 shares, compared to its average volume of 335,675. EZGO Technologies has a one year low of $0.33 and a one year high of $3.80. The firm’s fifty day moving average price is $0.47 and its 200-day moving average price is $0.81. The company has a current ratio of 2.45, a quick ratio of 2.42 and a debt-to-equity ratio of 0.12.

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.