Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Short Interest Update

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 21,276 shares, a decline of 62.5% from the May 31st total of 56,796 shares. Based on an average daily trading volume, of 105,764 shares, the short-interest ratio is presently 0.2 days.

Evolv Technologies Stock Performance

Evolv Technologies stock opened at $0.02 on Friday. The stock’s fifty day moving average price is $0.08 and its two-hundred day moving average price is $0.14. Evolv Technologies has a one year low of $0.01 and a one year high of $1.08.

About Evolv Technologies

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.