NeoVolta Inc. (NASDAQ:NEOVW – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 977 shares, a drop of 60.4% from the May 14th total of 2,468 shares. Based on an average daily volume of 3,116 shares, the short-interest ratio is currently 0.3 days.
NeoVolta Stock Performance
Shares of NASDAQ:NEOVW remained flat at $0.99 during mid-day trading on Friday. The company has a 50 day moving average price of $1.15 and a 200 day moving average price of $1.32. NeoVolta has a one year low of $0.58 and a one year high of $3.81.
About NeoVolta
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.
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