Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Rises By 97,170.7%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 232,477 shares, an increase of 97,170.7% from the June 30th total of 239 shares. Based on an average trading volume of 1,582,498 shares, the short-interest ratio is currently 0.1 days.

Evolv Technologies Stock Performance

NASDAQ EVLVW remained flat at $0.00 during mid-day trading on Friday. The business has a 50 day simple moving average of $0.04 and a two-hundred day simple moving average of $0.10. Evolv Technologies has a fifty-two week low of $0.00 and a fifty-two week high of $1.08.

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.