EVgo, Inc. (NASDAQ:EVGOW) Short Interest Update

EVgo, Inc. (NASDAQ:EVGOW) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a decline of 14.3% from the March 15th total of 700 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is presently 0.0 days.

EVgo Stock Down 5.6 %

Shares of EVgo stock opened at $0.16 on Tuesday. The firm’s fifty day simple moving average is $0.18 and its 200-day simple moving average is $0.22. EVgo has a 12 month low of $0.13 and a 12 month high of $0.87.

Hedge Funds Weigh In On EVgo

A number of institutional investors have recently modified their holdings of EVGOW. Two Sigma Investments LP acquired a new position in EVgo in the 1st quarter valued at $36,000. Snowden Capital Advisors LLC acquired a new position in EVgo in the 2nd quarter valued at $31,000. Virtu Financial LLC acquired a new position in EVgo in the 4th quarter valued at $43,000. Finally, HAP Trading LLC acquired a new position in EVgo in the 1st quarter valued at $275,000.

EVgo Company Profile

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.