EVgo, Inc. (NASDAQ:EVGOW) Short Interest Update

EVgo, Inc. (NASDAQ:EVGOW) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 600 shares, a drop of 14.3% from the March 15th total of 700 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EVGOW. HAP Trading LLC purchased a new position in shares of EVgo in the 1st quarter worth approximately $275,000. Virtu Financial LLC purchased a new stake in EVgo during the 4th quarter worth approximately $43,000. Two Sigma Investments LP purchased a new stake in EVgo during the 1st quarter worth approximately $36,000. Finally, Snowden Capital Advisors LLC purchased a new stake in EVgo during the 2nd quarter worth approximately $31,000.

EVgo Stock Performance

NASDAQ:EVGOW opened at $0.16 on Tuesday. EVgo has a one year low of $0.13 and a one year high of $0.87. The firm has a 50-day simple moving average of $0.18 and a 200-day simple moving average of $0.22.

EVgo Company Profile

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.