EVgo, Inc. (NASDAQ:EVGOW) Sees Large Increase in Short Interest

EVgo, Inc. (NASDAQ:EVGOW) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 16,900 shares, a growth of 49.6% from the September 30th total of 11,300 shares. Based on an average trading volume of 56,600 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 56,600 shares, the short-interest ratio is currently 0.3 days.

EVgo Price Performance

Shares of EVGOW traded down $0.01 during trading hours on Tuesday, reaching $0.17. 15,948 shares of the company traded hands, compared to its average volume of 48,791. EVgo has a 12-month low of $0.14 and a 12-month high of $1.52. The business has a fifty day moving average price of $0.19 and a 200-day moving average price of $0.21.

About EVgo

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.