Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Grows By 498.0%

NeoVolta Inc. (NASDAQ:NEOVWGet Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 293 shares, an increase of 498.0% from the August 15th total of 49 shares. Based on an average daily volume of 1,748 shares, the days-to-cover ratio is currently 0.2 days.

NeoVolta Price Performance

NEOVW stock opened at $1.33 on Friday. The stock has a 50-day moving average price of $1.05 and a 200-day moving average price of $1.16. NeoVolta has a 1-year low of $0.58 and a 1-year high of $3.81.

NeoVolta Company Profile

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NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.

At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.

Further Reading

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