Nuvve Holding Corp. (NASDAQ:NVVE) Sees Large Decline in Short Interest

Nuvve Holding Corp. (NASDAQ:NVVE) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 21,700 shares, a decline of 77.3% from the February 28th total of 95,800 shares. Based on an average daily trading volume, of 1,310,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.0% of the shares of the company are sold short.

Nuvve Trading Down 1.8 %

NVVE traded down $0.03 during trading on Friday, hitting $1.62. The stock had a trading volume of 88,223 shares, compared to its average volume of 620,293. Nuvve has a 12 month low of $1.34 and a 12 month high of $17.30. The company has a 50 day simple moving average of $2.34 and a 200-day simple moving average of $3.33. The firm has a market cap of $2.09 million, a PE ratio of -0.02 and a beta of 1.83.

Nuvve Company Profile

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.