Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Drops By 60.4%
by Doug Wharley · The Cerbat GemNeoVolta Inc. (NASDAQ:NEOVW – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 977 shares, a decline of 60.4% from the May 14th total of 2,468 shares. Based on an average daily volume of 3,116 shares, the short-interest ratio is presently 0.3 days.
NeoVolta Stock Performance
NASDAQ NEOVW remained flat at $0.99 during trading on Friday. NeoVolta has a 1 year low of $0.58 and a 1 year high of $3.81. The stock has a fifty day moving average of $1.16 and a two-hundred day moving average of $1.32.
About NeoVolta
NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.
At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.