Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Declines By 35.9%

NeoVolta Inc. (NASDAQ:NEOVW) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 696 shares, a decline of 35.9% from the June 30th total of 1,086 shares. Based on an average daily trading volume, of 2,934 shares, the days-to-cover ratio is currently 0.2 days.

NeoVolta Stock Performance

Shares of NASDAQ:NEOVW traded down $0.13 during midday trading on Friday, hitting $0.84. 501 shares of the stock traded hands, compared to its average volume of 4,594. NeoVolta has a one year low of $0.58 and a one year high of $3.81. The business’s 50 day moving average is $1.05 and its two-hundred day moving average is $1.27.

NeoVolta Company Profile

NeoVolta, Inc (NASDAQ: NEOVW) is a cleantech company headquartered in San Diego, California, specializing in integrated power electronics and energy management solutions for residential and light commercial applications. The company designs, manufactures and distributes advanced solar inverters, modular battery storage systems and smart electric vehicle (EV) charging stations. By combining hardware with proprietary cloud-based software, NeoVolta enables customers to optimize renewable energy use, manage peak demand and enhance grid resilience.

At the heart of NeoVolta’s offering is its scalable energy storage platform, which can be paired with new or existing solar photovoltaic (PV) arrays to provide backup power, load-shifting and demand-response functionality.