NeoVolta Inc. (NASDAQ:NEOVW) Shares Shorted: Short Interest Up 128.8% in September

NeoVolta Inc. (NASDAQ:NEOVW – Get Free Report) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 755 shares, a growth of 128.8% from the September 15th total of 330 shares. Based on an average daily volume of 6,244 shares, the short-interest ratio is currently 0.1 days.

NeoVolta Price Performance

Shares of NASDAQ NEOVW opened at $0.81 on Tuesday. The business has a 50-day moving average price of $1.04 and a 200 day moving average price of $1.10. NeoVolta has a 52-week low of $0.58 and a 52-week high of $3.81.

NeoVolta Company Profile

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NeoVolta, Inc develops and manufactures residential energy storage systems designed to store electricity for use during outages, periods of high electricity demand and other times when grid power is unavailable or less economical. Its systems are intended to complement solar installations and provide backup power for homes.

The company’s product portfolio includes modular battery storage systems, inverters and related energy-management technology. NeoVolta’s systems are designed to support whole-home or essential-load backup and can be monitored and managed through software-based tools.

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