Twin Vee Powercats Co. (NASDAQ:VEEE) Short Interest Down 38.3% in February

Twin Vee Powercats Co. (NASDAQ:VEEE) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 180,300 shares, a decline of 38.3% from the January 31st total of 292,300 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 497,200 shares, the days-to-cover ratio is currently 0.4 days.

Twin Vee Powercats Stock Performance

Shares of Twin Vee Powercats stock traded down $0.01 during trading on Friday, reaching $0.43. The company’s stock had a trading volume of 833,714 shares, compared to its average volume of 648,177. The business’s 50-day moving average price is $0.43 and its 200-day moving average price is $0.46. The firm has a market cap of $4.05 million, a PE ratio of -0.40 and a beta of 1.00. Twin Vee Powercats has a 52 week low of $0.31 and a 52 week high of $1.29. The company has a quick ratio of 3.13, a current ratio of 4.00 and a debt-to-equity ratio of 0.11.

About Twin Vee Powercats

Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.