Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Increases By 4,627.3%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 52,000 shares, an increase of 4,627.3% from the March 31st total of 1,100 shares. Based on an average daily trading volume, of 42,300 shares, the short-interest ratio is currently 1.2 days.

Evolv Technologies Trading Up 10.5 %

Shares of EVLVW opened at $0.42 on Friday. Evolv Technologies has a 52 week low of $0.36 and a 52 week high of $2.29. The firm’s 50-day simple moving average is $0.51 and its 200 day simple moving average is $0.61.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.