NeoVolta Inc. (NASDAQ:NEOVW) Sees Significant Drop in Short Interest

NeoVolta Inc. (NASDAQ:NEOVW) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 416 shares, a drop of 33.1% from the November 30th total of 622 shares. Based on an average daily volume of 2,534 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 2,534 shares, the days-to-cover ratio is currently 0.2 days.

NeoVolta Stock Up 4.0%

NeoVolta stock traded up $0.04 during mid-day trading on Tuesday, reaching $1.04. 2,658 shares of the company were exchanged, compared to its average volume of 4,289. NeoVolta has a 12-month low of $0.52 and a 12-month high of $2.44. The business has a fifty day moving average of $1.38 and a 200 day moving average of $1.53.

NeoVolta Company Profile

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.