EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Significant Growth in Short Interest

EZGO Technologies Ltd. (NASDAQ:EZGO) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 203,200 shares, an increase of 10.6% from the December 15th total of 183,800 shares. Based on an average daily volume of 512,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 8.5% of the company’s shares are short sold.

EZGO Technologies Stock Performance

NASDAQ EZGO traded down $0.02 on Monday, reaching $0.59. The company had a trading volume of 185,141 shares, compared to its average volume of 1,477,075. EZGO Technologies has a fifty-two week low of $0.51 and a fifty-two week high of $4.58. The business has a 50 day moving average of $0.82 and a two-hundred day moving average of $1.13.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.