GreenPower Motor Company Inc. (NASDAQ:GP) Short Interest Update

GreenPower Motor Company Inc. (NASDAQ:GP) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 145,787 shares, a decrease of 40.5% from the April 30th total of 244,992 shares. Based on an average daily trading volume, of 219,588 shares, the short-interest ratio is currently 0.7 days. Approximately 4.0% of the company’s stock are short sold.

GreenPower Motor Stock Performance

Shares of NASDAQ GP opened at $1.16 on Tuesday. The stock has a market cap of $5.83 million, a PE ratio of -0.45 and a beta of 1.81. The business has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.04. GreenPower Motor has a 52-week low of $0.74 and a 52-week high of $6.42.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GreenPower Motor stock. DRW Securities LLC acquired a new position in GreenPower Motor Company Inc. (NASDAQ:GP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 55,189 shares of the company’s stock, valued at approximately $43,000. DRW Securities LLC owned 1.79% of GreenPower Motor as of its most recent SEC filing. 1.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on GP shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of GreenPower Motor in a report on Tuesday, April 21st. BTIG Research reiterated a “neutral” rating on shares of GreenPower Motor in a report on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

About GreenPower Motor

GreenPower Motor Company Inc (NASDAQ: GP) is a designer, manufacturer and distributor of zero-emission electric vehicles, with a focus on heavy-duty transit buses, school buses, shuttles and medium-duty trucks. The company develops its vehicles on proprietary electric platforms, integrating battery and drivetrain technology to deliver fully battery-powered solutions for public transit agencies, school districts and commercial fleet operators.

GreenPower’s product lineup includes full-sized electric transit buses available in various lengths and configurations, purpose-built electric school buses designed to meet safety standards and reduce operating costs, and medium-duty electric delivery vehicles tailored for last-mile logistics.