Twin Vee Powercats Co. (NASDAQ:VEEE) Sees Significant Decrease in Short Interest

Twin Vee Powercats Co. (NASDAQ:VEEE) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 260,800 shares, a drop of 30.6% from the October 31st total of 375,800 shares. Based on an average daily trading volume, of 423,200 shares, the short-interest ratio is currently 0.6 days. Approximately 4.8% of the company’s shares are short sold.

Twin Vee Powercats Stock Down 0.7 %

VEEE traded down $0.00 during midday trading on Friday, hitting $0.41. The company’s stock had a trading volume of 133,657 shares, compared to its average volume of 151,224. Twin Vee Powercats has a 52-week low of $0.33 and a 52-week high of $1.77. The company has a quick ratio of 3.13, a current ratio of 4.00 and a debt-to-equity ratio of 0.11. The firm has a 50-day moving average price of $0.51 and a two-hundred day moving average price of $0.55.

Twin Vee Powercats Company Profile

Twin Vee PowerCats Co engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats. It operates in three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, such as fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing, and diving expeditions.