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

Lobo EV Technologies Ltd. (NASDAQ:LOBO) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 6,100 shares, a decrease of 59.9% from the October 31st total of 15,200 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 46,400 shares, the short-interest ratio is presently 0.1 days.

Lobo EV Technologies Stock Down 5.9 %

Shares of LOBO traded down 0.14 on Thursday, reaching 2.22. The stock had a trading volume of 11,800 shares, compared to its average volume of 42,016. 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 has a 12-month low of 1.35 and a 12-month high of 5.79. The company has a 50-day simple moving average of 2.35 and a 200-day simple moving average of 2.46.

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.