GreenPower Motor Company Inc. (NASDAQ:GP) Short Interest Update

GreenPower Motor Company Inc. (NASDAQ:GP) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 139,500 shares, an increase of 39.9% from the January 15th total of 99,700 shares. Based on an average trading volume of 177,400 shares, the short-interest ratio is currently 0.8 days.

GreenPower Motor Trading Down 2.7 %

Shares of GP stock traded down $0.02 during trading hours on Friday, reaching $0.73. The company had a trading volume of 126,996 shares, compared to its average volume of 183,034. GreenPower Motor has a 12 month low of $0.70 and a 12 month high of $2.49. The company has a quick ratio of 0.06, a current ratio of 1.44 and a debt-to-equity ratio of 1.52. The business has a fifty day simple moving average of $0.80 and a 200-day simple moving average of $0.97.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GreenPower Motor stock. Virtu Financial LLC bought a new position in GreenPower Motor Company Inc. (NASDAQ:GP) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 25,092 shares of the company’s stock, valued at approximately $34,000. Virtu Financial LLC owned about 0.09% of GreenPower Motor at the end of the most recent reporting period. 1.69% of the stock is currently owned by institutional investors and hedge funds.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.