Lobo EV Technologies Ltd (NASDAQ:LOBO) Short Interest Update

Lobo EV Technologies Ltd (NASDAQ:LOBO) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 13,878 shares, a drop of 84.4% from the December 31st total of 89,090 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 73,274 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 73,274 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Lobo EV Technologies Stock Performance

Shares of NASDAQ:LOBO traded down $0.05 during trading on Thursday, hitting $0.61. The stock had a trading volume of 180,249 shares, compared to its average volume of 72,539. The company has a quick ratio of 0.69, a current ratio of 1.56 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average is $0.67 and its 200 day moving average is $0.69. Lobo EV Technologies has a 12 month low of $0.35 and a 12 month high of $2.41.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lobo EV Technologies in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Lobo EV Technologies Company Profile

Lobo EV Technologies, Inc (NASDAQ:LOBO) is a provider of electric vehicle (EV) charging infrastructure and related services in the United States. The company offers a turnkey platform that spans design, financing, deployment, ownership and ongoing operation of both Level 2 and DC fast-charging stations. Lobo’s business model focuses on alleviating the capital and operational burdens often associated with EV charging for property owners and operators, enabling clients to offer charging services without large up-front investments.

Beyond hardware installation, Lobo delivers a suite of digital solutions that support charger management, real-time monitoring, payment processing and network connectivity.