Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 72,434 shares, an increase of 96.9% from the April 15th total of 36,793 shares. Based on an average daily trading volume, of 162,138 shares, the days-to-cover ratio is presently 0.4 days.
Evolv Technologies Price Performance
Evolv Technologies stock opened at $0.06 on Tuesday. Evolv Technologies has a 52 week low of $0.05 and a 52 week high of $1.08. The company’s 50 day moving average price is $0.11 and its two-hundred day moving average price is $0.19.
About Evolv Technologies
Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.
The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.
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