Lobo EV Technologies Ltd. (NASDAQ:LOBO) Short Interest Update

Lobo EV Technologies Ltd. (NASDAQ:LOBO) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 25,100 shares, an increase of 865.4% from the September 30th total of 2,600 shares. Approximately 1.3% of the shares of the stock are short sold. Based on an average daily volume of 43,100 shares, the short-interest ratio is presently 0.6 days.

Lobo EV Technologies Trading Up 3.0 %

Shares of Lobo EV Technologies stock traded up 0.08 on Friday, hitting 2.71. 21,800 shares of the company traded hands, compared to its average volume of 45,253. The business has a 50-day simple moving average of 2.22 and a 200 day simple moving average of 2.62. Lobo EV Technologies has a 52 week low of 1.35 and a 52 week high of 5.79. The company has a current ratio of 1.31, a quick ratio of 0.74 and a debt-to-equity ratio of 0.02.

Lobo EV Technologies Company Profile

Lobo EV Technologies Ltd. designs, develops, manufactures, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles in the People’s Republic of China. The company operates through two segments, Electric Vehicles and Accessories Sales, and Software Royalties and Development and Design Services.