Short Interest in EVgo, Inc. (NASDAQ:EVGOW) Increases By 4,700.0%

EVgo, Inc. (NASDAQ:EVGOW) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 33,600 shares, a growth of 4,700.0% from the June 30th total of 700 shares. Based on an average daily volume of 25,100 shares, the days-to-cover ratio is currently 1.3 days.

EVgo Trading Down 14.5 %

Shares of EVgo stock opened at $0.32 on Friday. The business’s 50-day moving average price is $0.20 and its 200-day moving average price is $0.19. EVgo has a 12 month low of $0.12 and a 12 month high of $0.87.

About EVgo

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.