Nuvve Holding Corp. (NASDAQ:NVVE) Short Interest Update

Nuvve Holding Corp. (NASDAQ:NVVE) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 95,800 shares, a growth of 20.2% from the February 13th total of 79,700 shares. Currently, 9.3% of the company’s shares are short sold. Based on an average daily trading volume, of 1,290,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nuvve stock. Partners Group Holding AG purchased a new position in shares of Nuvve Holding Corp. (NASDAQ:NVVE) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,316,290 shares of the company’s stock, valued at approximately $33,666,000. Nuvve makes up about 2.3% of Partners Group Holding AG’s investment portfolio, making the stock its 21st largest position. Partners Group Holding AG owned 971.74% of Nuvve at the end of the most recent quarter. 19.01% of the stock is owned by hedge funds and other institutional investors.

Nuvve Trading Up 1.4 %

Shares of NVVE traded up $0.02 during trading hours on Thursday, reaching $1.40. 22,155 shares of the company traded hands, compared to its average volume of 1,595,583. The stock’s fifty day moving average price is $2.52 and its 200 day moving average price is $3.46. The firm has a market cap of $1.81 million, a price-to-earnings ratio of -0.01 and a beta of 1.83. Nuvve has a 12-month low of $1.34 and a 12-month high of $17.30.

About Nuvve

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.