Lobo EV Technologies Ltd (NASDAQ:LOBO – Get Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totaling 208,662 shares, an increase of 29.3% from the March 31st total of 161,348 shares. Currently, 2.4% of the shares of the company are short sold. Based on an average daily volume of 656,155 shares, the days-to-cover ratio is currently 0.3 days.
Lobo EV Technologies Stock Performance
Shares of LOBO traded down $0.02 during trading hours on Friday, hitting $0.64. The stock had a trading volume of 123,461 shares, compared to its average volume of 2,668,112. Lobo EV Technologies has a 12 month low of $0.35 and a 12 month high of $2.41. The stock has a fifty day moving average price of $0.54 and a 200 day moving average price of $0.66.
Lobo EV Technologies (NASDAQ:LOBO – Get Free Report) last announced its earnings results on Tuesday, April 28th. The company reported ($0.12) earnings per share (EPS) for the quarter. The business had revenue of $5.56 million during the quarter.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on LOBO
About Lobo EV Technologies
Lobo EV Technologies, Inc (NASDAQ:LOBO) is a provider of electric vehicle (EV) charging infrastructure and related services in the United States. The company offers a turnkey platform that spans design, financing, deployment, ownership and ongoing operation of both Level 2 and DC fast-charging stations. Lobo’s business model focuses on alleviating the capital and operational burdens often associated with EV charging for property owners and operators, enabling clients to offer charging services without large up-front investments.
Beyond hardware installation, Lobo delivers a suite of digital solutions that support charger management, real-time monitoring, payment processing and network connectivity.
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