Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Drops By 35.9%

NeoVolta Inc. (NASDAQ:NEOVWGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 696 shares, a decrease of 35.9% from the June 30th total of 1,086 shares. Based on an average trading volume of 2,934 shares, the short-interest ratio is currently 0.2 days.

NeoVolta Price Performance

NEOVW opened at $0.84 on Friday. The company’s 50 day simple moving average is $1.04 and its 200 day simple moving average is $1.27. NeoVolta has a 1 year low of $0.58 and a 1 year high of $3.81.

About NeoVolta

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NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.

At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.

Further Reading

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