EVgo, Inc. (NASDAQ:EVGOW) Sees Significant Growth in Short Interest

EVgo, Inc. (NASDAQ:EVGOW) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 79,906 shares, an increase of 105.8% from the June 15th total of 38,819 shares. Based on an average daily volume of 1,902,855 shares, the short-interest ratio is presently 0.0 days.

EVgo Price Performance

Shares of EVGOW stock remained flat at $0.01 during trading hours on Friday. EVgo has a 12 month low of $0.00 and a 12 month high of $0.27. The stock’s 50-day moving average is $0.01 and its 200 day moving average is $0.03.

EVgo Company Profile

EVgo, Inc (NASDAQ: EVGOW) is a leading operator of public fast-charging networks for electric vehicles (EVs) in the United States. The company designs, installs, owns and operates DC fast chargers, offering charging speeds from 50 kW up to 350 kW. EVgo’s network is purpose-built to support individual drivers, electric vehicle fleets and rideshare services, providing reliable access to high-power charging at retail, grocery, parking and hospitality locations.

EVgo’s service offerings include pay-as-you-go charging, subscription plans for frequent users and customized solutions for fleet operators seeking to electrify delivery, logistics and rideshare fleets.