EVgo, Inc. (NASDAQ:EVGOW) Sees Large Increase in Short Interest

EVgo, Inc. (NASDAQ:EVGOW) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 7,400 shares, an increase of 825.0% from the August 15th total of 800 shares. Based on an average daily volume of 35,700 shares, the short-interest ratio is currently 0.2 days.

EVgo Price Performance

Shares of EVGOW opened at $0.35 on Friday. EVgo has a twelve month low of $0.12 and a twelve month high of $0.55. The stock’s fifty day simple moving average is $0.31 and its 200 day simple moving average is $0.22.

About EVgo

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.