NeoVolta Inc. (NASDAQ:NEOVW) Sees Significant Drop in Short Interest

NeoVolta Inc. (NASDAQ:NEOVW) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 416 shares, a drop of 33.1% from the November 30th total of 622 shares. Based on an average daily volume of 2,534 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 2,534 shares, the days-to-cover ratio is currently 0.2 days.

NeoVolta Price Performance

Shares of NASDAQ NEOVW remained flat at $1.00 during mid-day trading on Monday. The company had a trading volume of 1,531 shares, compared to its average volume of 4,297. NeoVolta has a 52-week low of $0.52 and a 52-week high of $2.44. The stock’s fifty day moving average price is $1.39 and its 200 day moving average price is $1.53.

About NeoVolta

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.