EZGO Technologies Ltd. (NASDAQ:EZGO – Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 47,725 shares, a growth of 135.3% from the June 30th total of 20,283 shares. Based on an average trading volume of 91,690 shares, the short-interest ratio is presently 0.5 days. Approximately 3.5% of the shares of the company are short sold.
Wall Street Analyst Weigh In
EZGO has been the subject of a number of recent analyst reports. Wall Street Zen raised EZGO Technologies to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings raised shares of EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.
Read Our Latest Report on EZGO Technologies
EZGO Technologies Stock Performance
EZGO Technologies Company Profile
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.
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