Lobo EV Technologies Ltd (NASDAQ:LOBO) Short Interest Update

Lobo EV Technologies Ltd (NASDAQ:LOBO) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 89,090 shares, a decrease of 73.7% from the December 15th total of 338,287 shares. Based on an average trading volume of 98,103 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.0% of the shares of the stock are sold short. Approximately 1.0% of the shares of the stock are sold short. Based on an average trading volume of 98,103 shares, the days-to-cover ratio is presently 0.9 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Lobo EV Technologies in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Lobo EV Technologies Stock Down 0.3%

NASDAQ LOBO traded down $0.00 during trading hours on Tuesday, reaching $0.60. 10,929 shares of the company were exchanged, compared to its average volume of 83,400. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.69 and a current ratio of 1.56. Lobo EV Technologies has a 1 year low of $0.35 and a 1 year high of $2.41. The business’s 50 day simple moving average is $0.69 and its 200-day simple moving average is $0.68.

Lobo EV Technologies Company Profile

Lobo EV Technologies, Inc (NASDAQ:LOBO) is a provider of electric vehicle (EV) charging infrastructure and related services in the United States. The company offers a turnkey platform that spans design, financing, deployment, ownership and ongoing operation of both Level 2 and DC fast-charging stations. Lobo’s business model focuses on alleviating the capital and operational burdens often associated with EV charging for property owners and operators, enabling clients to offer charging services without large up-front investments.

Beyond hardware installation, Lobo delivers a suite of digital solutions that support charger management, real-time monitoring, payment processing and network connectivity.