Volcon, Inc. (NASDAQ:EMPD) Short Interest Update

Volcon, Inc. (NASDAQ:EMPD) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 1,698,147 shares, a growth of 39.8% from the January 15th total of 1,214,800 shares. Based on an average daily volume of 1,121,919 shares, the short-interest ratio is presently 1.5 days. Currently, 4.7% of the shares of the stock are sold short. Currently, 4.7% of the shares of the stock are sold short. Based on an average daily volume of 1,121,919 shares, the short-interest ratio is presently 1.5 days.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Volcon in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Volcon Trading Up 1.3%

Shares of EMPD traded up $0.05 during trading hours on Tuesday, hitting $3.81. 646,974 shares of the stock traded hands, compared to its average volume of 1,027,292. The firm has a market capitalization of $138.78 million, a PE ratio of -0.25 and a beta of -0.60. The business has a fifty day moving average of $4.46 and a 200-day moving average of $6.16. Volcon has a 1-year low of $3.18 and a 1-year high of $44.09.

Insider Transactions at Volcon

In related news, major shareholder Atg Capital Opportunities Fund acquired 559,183 shares of the firm’s stock in a transaction on Tuesday, February 3rd. The shares were bought at an average cost of $4.68 per share, with a total value of $2,616,976.44. Following the completion of the acquisition, the insider owned 4,500,000 shares of the company’s stock, valued at $21,060,000. This trade represents a 14.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have bought a total of 1,119,771 shares of company stock valued at $5,349,670 over the last three months. Corporate insiders own 0.13% of the company’s stock.

Volcon Company Profile

Volcon, Inc (NASDAQ: EMPD) is a Texas‐based powersports company specializing in the design, development and distribution of electric off-road vehicles. Headquartered in Austin, Volcon aims to introduce zero-emission solutions to the traditionally gas-powered UTV and dirt bike markets. The company’s modular vehicle platforms blend electric drivetrains with rugged chassis designs, targeting recreational and utility riders seeking sustainable alternatives for trail, sand and farm use.

Volcon’s product lineup includes the Stag, a side-by-side utility terrain vehicle (UTV) engineered for work and play; the Grunt, an entry-level electric dirt bike offering trail-ready performance; and the Ranger, a dual-purpose e-adventure motorcycle suited for longer off-road excursions.