Short Interest in EVgo, Inc. (NASDAQ:EVGOW) Expands By 79.5%

EVgo, Inc. (NASDAQ:EVGOWGet Free Report) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 11,252 shares, a growth of 79.5% from the May 14th total of 6,270 shares. Based on an average daily volume of 99,061 shares, the days-to-cover ratio is currently 0.1 days.

EVgo Price Performance

EVGOW stock opened at $0.01 on Wednesday. The company’s 50-day moving average is $0.02 and its 200-day moving average is $0.05. EVgo has a 1 year low of $0.00 and a 1 year high of $0.27.

About EVgo

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EVgo, Inc (NASDAQ: EVGOW) is a leading operator of public fast-charging networks for electric vehicles (EVs) in the United States. The company designs, installs, owns and operates DC fast chargers, offering charging speeds from 50 kW up to 350 kW. EVgo’s network is purpose-built to support individual drivers, electric vehicle fleets and rideshare services, providing reliable access to high-power charging at retail, grocery, parking and hospitality locations.

EVgo’s service offerings include pay-as-you-go charging, subscription plans for frequent users and customized solutions for fleet operators seeking to electrify delivery, logistics and rideshare fleets.

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