NeoVolta Inc. (NASDAQ:NEOVW) Sees Significant Increase in Short Interest

NeoVolta Inc. (NASDAQ:NEOVW) saw a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 823 shares, an increase of 375.7% from the January 15th total of 173 shares. Based on an average daily trading volume, of 19,823 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 19,823 shares, the short-interest ratio is currently 0.0 days.

NeoVolta Price Performance

NEOVW stock opened at $1.70 on Wednesday. NeoVolta has a 1-year low of $0.52 and a 1-year high of $3.81. The business’s 50 day simple moving average is $1.44 and its 200 day simple moving average is $1.55.

NeoVolta Company Profile

NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.

At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.