Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Increases By 77.9%

NeoVolta Inc. (NASDAQ:NEOVWGet Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,738 shares, an increase of 77.9% from the May 31st total of 977 shares. Based on an average daily trading volume, of 1,193 shares, the days-to-cover ratio is presently 1.5 days.

NeoVolta Stock Down 10.3%

Shares of NEOVW opened at $1.27 on Thursday. The company has a 50-day simple moving average of $1.07 and a 200-day simple moving average of $1.30. NeoVolta has a 52 week low of $0.58 and a 52 week high of $3.81.

NeoVolta Company Profile

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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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