Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW – Get Free Report) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 239 shares, a drop of 98.9% from the June 15th total of 21,276 shares. Based on an average daily volume of 13,612 shares, the days-to-cover ratio is presently 0.0 days.
Evolv Technologies Stock Performance
Shares of NASDAQ EVLVW traded down $0.00 during midday trading on Friday, hitting $0.00. 1,009,405 shares of the company’s stock were exchanged, compared to its average volume of 139,272. Evolv Technologies has a twelve month low of $0.00 and a twelve month high of $1.08. The stock’s 50 day moving average price is $0.06 and its 200-day moving average price is $0.12.
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.
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