General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Sees Significant Growth in Short Interest

General Enterprise Ventures, Inc. (OTCMKTS:GEVI) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 4,700 shares, a growth of 9.3% from the October 15th total of 4,300 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is currently 0.4 days.

General Enterprise Ventures Stock Performance

GEVI stock remained flat at $0.69 during trading on Friday. 10,200 shares of the company were exchanged, compared to its average volume of 5,582. General Enterprise Ventures has a 12 month low of $0.41 and a 12 month high of $1.10. The business’s 50 day moving average price is $0.72 and its 200 day moving average price is $0.68. The stock has a market cap of $25.39 million, a P/E ratio of -4.60 and a beta of 5.19.

General Enterprise Ventures (OTCMKTS:GEVI) last announced its earnings results on Friday, August 16th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $0.20 million during the quarter. General Enterprise Ventures had a negative return on equity of 391.64% and a negative net margin of 1,292.80%.

About General Enterprise Ventures

General Enterprise Ventures, Inc, engages in installing large home and facility proactive wildfire prevention systems. It offers CitroTech products for the prevention and spread of wildfires, as well as lumber treatments for fire prevention. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021.