Short Interest in EVgo, Inc. (NASDAQ:EVGOW) Decreases By 84.7%

EVgo, Inc. (NASDAQ:EVGOW) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 2,420 shares, a decline of 84.7% from the November 30th total of 15,820 shares. Based on an average daily trading volume, of 58,963 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 58,963 shares, the short-interest ratio is presently 0.0 days.

EVgo Price Performance

EVGOW stock traded up $0.01 during midday trading on Friday, reaching $0.06. The company’s stock had a trading volume of 24,665 shares, compared to its average volume of 49,448. The business’s 50-day simple moving average is $0.14 and its 200-day simple moving average is $0.18. EVgo has a 52 week low of $0.06 and a 52 week high of $0.75.

About EVgo

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.