Envirotech Vehicles, Inc. (NASDAQ:EVTV) Short Interest Down 6.1% in October

Envirotech Vehicles, Inc. (NASDAQ:EVTV) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 315,000 shares, a decline of 6.1% from the September 30th total of 335,600 shares. Based on an average trading volume of 69,900 shares, the short-interest ratio is currently 4.5 days. Approximately 2.3% of the company’s shares are short sold.

Envirotech Vehicles Price Performance

EVTV opened at $1.85 on Friday. The stock’s 50 day simple moving average is $1.86 and its 200 day simple moving average is $1.82. The firm has a market cap of $29.03 million, a price-to-earnings ratio of -1.95 and a beta of 2.76. Envirotech Vehicles has a 1 year low of $0.92 and a 1 year high of $3.20.

Envirotech Vehicles (NASDAQ:EVTV) last issued its earnings results on Wednesday, August 14th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $0.81 million during the quarter. Envirotech Vehicles had a negative return on equity of 63.54% and a negative net margin of 789.13%.

About Envirotech Vehicles

Envirotech Vehicles, Inc manufactures and provides zero-emission electric vehicles in the United States. It offers Class 2 through logistics vans; class 4 through urban trucks, school buses, electric forklifts, street sweepers, neighborhood electric vehicles, and right-hand drive vans and urban trucks.