Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Short Interest Up 96.9% in April

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 72,434 shares, an increase of 96.9% from the April 15th total of 36,793 shares. Based on an average daily trading volume, of 162,138 shares, the days-to-cover ratio is presently 0.4 days.

Evolv Technologies Stock Performance

Shares of NASDAQ:EVLVW traded down $0.02 during midday trading on Friday, reaching $0.06. The company’s stock had a trading volume of 294,429 shares, compared to its average volume of 73,909. Evolv Technologies has a fifty-two week low of $0.05 and a fifty-two week high of $1.08. The business’s fifty day simple moving average is $0.11 and its 200-day simple moving average is $0.20.

About Evolv Technologies

Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.

The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.