EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Significant Drop in Short Interest

EZGO Technologies Ltd. (NASDAQ:EZGOGet Free Report) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 20,283 shares, a drop of 84.1% from the June 15th total of 127,751 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 2,069,184 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wall Street Zen raised EZGO Technologies to a “sell” rating in a research note on Saturday, June 20th. Weiss Ratings upgraded EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, EZGO Technologies currently has a consensus rating of “Sell”.

Check Out Our Latest Report on EZGO Technologies

EZGO Technologies Price Performance

NASDAQ EZGO traded up $0.02 on Friday, reaching $1.27. The company had a trading volume of 63,559 shares, compared to its average volume of 1,111,502. EZGO Technologies has a 1-year low of $1.12 and a 1-year high of $2,585.62. The company’s fifty day moving average is $12.63 and its 200-day moving average is $159.37.

About EZGO Technologies

(Get Free Report)

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.

See Also

Receive News & Ratings for EZGO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZGO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.