Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 38,747 shares, a decline of 46.5% from the April 30th total of 72,434 shares. Based on an average daily trading volume, of 90,029 shares, the short-interest ratio is currently 0.4 days.
Evolv Technologies Stock Performance
Shares of NASDAQ EVLVW traded up $0.01 during midday trading on Tuesday, hitting $0.08. 63,745 shares of the company’s stock were exchanged, compared to its average volume of 77,570. The stock’s 50 day moving average price is $0.11 and its 200-day moving average price is $0.16. Evolv Technologies has a twelve month low of $0.05 and a twelve month high of $1.08.
Evolv Technologies Company Profile
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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