Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Drops By 87.5%

NeoVolta Inc. (NASDAQ:NEOVW) was the target of a large drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 87.5% from the January 31st total of 800 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is currently 0.0 days.

NeoVolta Price Performance

Shares of NeoVolta stock traded up $0.05 during trading on Thursday, hitting $1.50. 5,526 shares of the stock were exchanged, compared to its average volume of 8,474. The firm’s 50-day moving average price is $1.68 and its 200 day moving average price is $1.39. NeoVolta has a 12-month low of $0.06 and a 12-month high of $2.74.

NeoVolta Company Profile

NeoVolta Inc designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors.