Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Increases By 97,170.7%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 232,477 shares, a growth of 97,170.7% from the June 30th total of 239 shares. Based on an average daily trading volume, of 1,582,498 shares, the days-to-cover ratio is presently 0.1 days.

Evolv Technologies Price Performance

EVLVW remained flat at $0.00 during mid-day trading on Friday. Evolv Technologies has a twelve month low of $0.00 and a twelve month high of $1.08. The firm has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.10.

Evolv Technologies Company Profile

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.