Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Decreases By 98.9%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 239 shares, a decrease of 98.9% from the June 15th total of 21,276 shares. Based on an average daily trading volume, of 13,612 shares, the days-to-cover ratio is presently 0.0 days.

Evolv Technologies Stock Down 39.1%

EVLVW traded down $0.00 on Friday, hitting $0.00. The company’s stock had a trading volume of 1,009,405 shares, compared to its average volume of 139,272. The company’s 50 day simple moving average is $0.06 and its 200-day simple moving average is $0.12. Evolv Technologies has a 12 month low of $0.00 and a 12 month high of $1.08.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.

The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.