NeoVolta Inc. (NASDAQ:NEOVW) Short Interest Up 498.0% in August

NeoVolta Inc. (NASDAQ:NEOVWGet Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 293 shares, a growth of 498.0% from the August 15th total of 49 shares. Based on an average trading volume of 1,748 shares, the days-to-cover ratio is currently 0.2 days.

NeoVolta Stock Down 0.1%

NASDAQ:NEOVW opened at $1.33 on Friday. The firm’s 50 day moving average is $1.05 and its 200 day moving average is $1.16. NeoVolta has a 12 month low of $0.58 and a 12 month high of $3.81.

About NeoVolta

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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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