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

EVgo, Inc. (NASDAQ:EVGOW) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 568 shares, a decline of 42.0% from the February 12th total of 980 shares. Based on an average trading volume of 11,067 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 11,067 shares, the days-to-cover ratio is currently 0.1 days.

EVgo Price Performance

Shares of NASDAQ:EVGOW traded up $0.00 during trading on Friday, hitting $0.03. The company had a trading volume of 44,273 shares, compared to its average volume of 22,714. The company has a fifty day simple moving average of $0.06 and a two-hundred day simple moving average of $0.12. EVgo has a one year low of $0.01 and a one year high of $0.38.

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.