Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Drops By 98.9%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 239 shares, a decline of 98.9% from the June 15th total of 21,276 shares. Based on an average trading volume of 13,612 shares, the short-interest ratio is currently 0.0 days.

Evolv Technologies Stock Performance

EVLVW stock traded down $0.00 during mid-day trading on Friday, reaching $0.00. 1,009,405 shares of the company’s stock were exchanged, compared to its average volume of 139,272. Evolv Technologies has a 12-month low of $0.00 and a 12-month high of $1.08. The stock’s 50 day moving average is $0.06 and its 200 day moving average is $0.12.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.

The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.