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

EVgo, Inc. (NASDAQ:EVGOW) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 28,800 shares, a decline of 14.3% from the July 15th total of 33,600 shares. Based on an average daily trading volume, of 30,900 shares, the short-interest ratio is currently 0.9 days.

EVgo Stock Performance

EVGOW stock traded up $0.00 during mid-day trading on Monday, hitting $0.26. 12,381 shares of the company were exchanged, compared to its average volume of 23,606. EVgo has a 1-year low of $0.12 and a 1-year high of $0.61. The firm’s 50 day simple moving average is $0.24 and its 200 day simple moving average is $0.20.

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.