EVgo, Inc. (NASDAQ:EVGOW) Short Interest Up 5,183.3% in October

EVgo, Inc. (NASDAQ:EVGOW) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 31,700 shares, a growth of 5,183.3% from the September 30th total of 600 shares. Based on an average daily volume of 130,600 shares, the short-interest ratio is presently 0.2 days.

EVgo Stock Performance

NASDAQ:EVGOW opened at $1.85 on Friday. The firm’s 50-day moving average is $0.70 and its 200-day moving average is $0.38. EVgo has a 52-week low of $0.12 and a 52-week high of $1.99.

EVgo Company Profile

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.