NeoVolta Inc. (NASDAQ:NEOVW – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 1,086 shares, a decline of 37.5% from the June 15th total of 1,738 shares. Based on an average trading volume of 4,470 shares, the days-to-cover ratio is presently 0.2 days.
NeoVolta Trading Down 18.2%
NEOVW stock opened at $0.80 on Friday. The stock has a 50-day moving average price of $1.07 and a two-hundred day moving average price of $1.28. NeoVolta has a 1 year low of $0.58 and a 1 year high of $3.81.
About NeoVolta
NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.
At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.
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