Lobo EV Technologies Ltd (NASDAQ:LOBO – Get Free Report) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 223,213 shares, an increase of 84.2% from the June 15th total of 121,160 shares. Based on an average trading volume of 109,350 shares, the short-interest ratio is currently 2.0 days. Approximately 2.5% of the company’s stock are sold short.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Lobo EV Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.
View Our Latest Stock Report on LOBO
Lobo EV Technologies Trading Up 4.6%
Lobo EV Technologies (NASDAQ:LOBO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported ($0.12) EPS for the quarter. The company had revenue of $5.56 million for the quarter.
About Lobo EV Technologies
Lobo EV Technologies, Inc (NASDAQ:LOBO) is a provider of electric vehicle (EV) charging infrastructure and related services in the United States. The company offers a turnkey platform that spans design, financing, deployment, ownership and ongoing operation of both Level 2 and DC fast-charging stations. Lobo’s business model focuses on alleviating the capital and operational burdens often associated with EV charging for property owners and operators, enabling clients to offer charging services without large up-front investments.
Beyond hardware installation, Lobo delivers a suite of digital solutions that support charger management, real-time monitoring, payment processing and network connectivity.
Recommended Stories
- Five stocks we like better than Lobo EV Technologies
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Lobo EV Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lobo EV Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
