Short Interest in EVgo, Inc. (NASDAQ:EVGOW) Increases By 79.5%

EVgo, Inc. (NASDAQ:EVGOW) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 11,252 shares, an increase of 79.5% from the May 14th total of 6,270 shares. Based on an average trading volume of 99,061 shares, the days-to-cover ratio is presently 0.1 days.

EVgo Stock Performance

EVGOW stock traded up $0.00 during trading hours on Monday, reaching $0.01. The stock had a trading volume of 280,405 shares, compared to its average volume of 115,689. The stock has a 50-day simple moving average of $0.02 and a 200 day simple moving average of $0.05. EVgo has a fifty-two week low of $0.00 and a fifty-two week high of $0.27.

EVgo Company Profile

EVgo, Inc (NASDAQ: EVGOW) is a leading operator of public fast-charging networks for electric vehicles (EVs) in the United States. The company designs, installs, owns and operates DC fast chargers, offering charging speeds from 50 kW up to 350 kW. EVgo’s network is purpose-built to support individual drivers, electric vehicle fleets and rideshare services, providing reliable access to high-power charging at retail, grocery, parking and hospitality locations.

EVgo’s service offerings include pay-as-you-go charging, subscription plans for frequent users and customized solutions for fleet operators seeking to electrify delivery, logistics and rideshare fleets.