Short Interest in EZGO Technologies Ltd. (NASDAQ:EZGO) Drops By 99.2%

EZGO Technologies Ltd. (NASDAQ:EZGOGet Free Report) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 22,286 shares, a drop of 99.2% from the May 14th total of 2,895,784 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average trading volume of 1,128,297 shares, the short-interest ratio is currently 0.0 days.

EZGO Technologies Trading Up 4.0%

Shares of EZGO stock traded up $0.06 during trading hours on Tuesday, hitting $1.55. 16,182,154 shares of the company were exchanged, compared to its average volume of 1,106,883. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.18 and a current ratio of 3.21. EZGO Technologies has a one year low of $1.28 and a one year high of $2,585.63. The business’s 50-day simple moving average is $103.25 and its two-hundred day simple moving average is $209.63.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Analysis on EZGO

About EZGO Technologies

(Get Free Report)

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.

Recommended Stories

Receive News & Ratings for EZGO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZGO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.