EZGO Technologies Ltd. (NASDAQ:EZGO) Short Interest Down 36.2% in July

EZGO Technologies Ltd. (NASDAQ:EZGOGet Free Report) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 30,444 shares, a decrease of 36.2% from the July 15th total of 47,725 shares. Currently, 2.2% of the company’s shares are sold short. Based on an average trading volume of 156,695 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

EZGO has been the subject of several research analyst reports. Wall Street Zen upgraded EZGO Technologies to a “sell” rating in a research report on Saturday, June 20th. Weiss Ratings raised shares of EZGO Technologies from a “sell (e)” rating to a “sell (e+)” rating in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Check Out Our Latest Research Report on EZGO

EZGO Technologies Price Performance

Shares of EZGO traded up $0.00 during midday trading on Wednesday, reaching $1.04. 28,499 shares of the stock were exchanged, compared to its average volume of 523,626. EZGO Technologies has a 52 week low of $0.88 and a 52 week high of $1,811.25. The company’s 50 day moving average is $1.20 and its two-hundred day moving average is $103.42.

EZGO Technologies (NASDAQ:EZGOGet Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported ($26.49) earnings per share for the quarter. The company had revenue of $3.18 million during the quarter.

EZGO Technologies Company Profile

(Get Free Report)

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs. It also designs and sells intelligent robots, and electric vehicle accessories and electronic control systems; and provide after-sales services for e-bicycles, including technical support, parts supply, and sales of peripheral products and derivatives, including raincoats, helmets, and mobile phone brackets.

Further Reading

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