Lobo EV Technologies Ltd (NASDAQ:LOBO) Short Interest Update

Lobo EV Technologies Ltd (NASDAQ:LOBO) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 49,967 shares, a growth of 260.0% from the January 15th total of 13,878 shares. Based on an average trading volume of 138,006 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 138,006 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Lobo EV Technologies in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Lobo EV Technologies Stock Performance

NASDAQ:LOBO traded up $0.00 during trading hours on Wednesday, reaching $0.60. The company had a trading volume of 12,294 shares, compared to its average volume of 88,478. Lobo EV Technologies has a twelve month low of $0.35 and a twelve month high of $2.41. The company has a current ratio of 1.56, a quick ratio of 0.69 and a debt-to-equity ratio of 0.02. The business’s 50-day simple moving average is $0.67 and its two-hundred day simple moving average is $0.69.

Lobo EV Technologies Company Profile

Lobo EV Technologies, Inc (NASDAQ:LOBO) is a provider of electric vehicle (EV) charging infrastructure and related services in the United States. The company offers a turnkey platform that spans design, financing, deployment, ownership and ongoing operation of both Level 2 and DC fast-charging stations. Lobo’s business model focuses on alleviating the capital and operational burdens often associated with EV charging for property owners and operators, enabling clients to offer charging services without large up-front investments.

Beyond hardware installation, Lobo delivers a suite of digital solutions that support charger management, real-time monitoring, payment processing and network connectivity.