Envirotech Vehicles, Inc. (NASDAQ:EVTV) Short Interest Update

Envirotech Vehicles, Inc. (NASDAQ:EVTV) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,160,818 shares, an increase of 28.8% from the January 29th total of 901,204 shares. Based on an average daily trading volume, of 3,811,756 shares, the days-to-cover ratio is currently 0.3 days. Currently, 40.0% of the company’s stock are short sold. Currently, 40.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,811,756 shares, the days-to-cover ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EVTV. Wall Street Zen cut Envirotech Vehicles to a “strong sell” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Envirotech Vehicles in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

Envirotech Vehicles Price Performance

Shares of NASDAQ EVTV traded up $0.00 during mid-day trading on Wednesday, reaching $1.51. The company’s stock had a trading volume of 307,839 shares, compared to its average volume of 40,832,414. The stock has a fifty day moving average of $1.81 and a two-hundred day moving average of $1.68. Envirotech Vehicles has a 52 week low of $0.33 and a 52 week high of $5.07. The firm has a market capitalization of $5.35 million, a PE ratio of -0.13 and a beta of 0.77.

About Envirotech Vehicles

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks. The company also offers vehicle maintenance and safety inspection services. It serves commercial and last-mile fleets, school districts, public and private transportation service companies, and colleges and universities.