EVgo, Inc. (NASDAQ:EVGOW) Short Interest Update

EVgo, Inc. (NASDAQ:EVGOW) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 9,100 shares, an increase of 727.3% from the December 15th total of 1,100 shares. Based on an average daily volume of 127,100 shares, the short-interest ratio is presently 0.1 days.

EVgo Price Performance

NASDAQ EVGOW traded up $0.03 during trading hours on Wednesday, hitting $0.40. The company’s stock had a trading volume of 36,116 shares, compared to its average volume of 79,257. EVgo has a 12 month low of $0.12 and a 12 month high of $1.99. The company’s 50 day simple moving average is $0.82 and its two-hundred day simple moving average is $0.68.

Institutional Trading of EVgo

An institutional investor recently raised its position in EVgo stock. Wolverine Asset Management LLC boosted its stake in shares of EVgo, Inc. (NASDAQ:EVGOW) by 37.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,242 shares of the company’s stock after purchasing an additional 24,091 shares during the period. Wolverine Asset Management LLC’s holdings in EVgo were worth $28,000 at the end of the most recent reporting period.

About EVgo

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.