Volcon, Inc. (NASDAQ:VLCN) Short Interest Down 91.2% in March

Volcon, Inc. (NASDAQ:VLCN) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 48,700 shares, a decline of 91.2% from the February 28th total of 555,000 shares. Currently, 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, Aegis raised shares of Volcon to a “strong-buy” rating in a research note on Wednesday, March 5th.

Volcon Stock Performance

Shares of VLCN stock opened at $1.00 on Friday. Volcon has a 12-month low of $0.66 and a 12-month high of $590.48. The business’s 50 day moving average is $1.65 and its two-hundred day moving average is $4.48. The company has a current ratio of 2.07, a quick ratio of 1.71 and a debt-to-equity ratio of 0.01.

About Volcon

Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.