Short Interest in EVgo, Inc. (NASDAQ:EVGOW) Increases By 105.8%

EVgo, Inc. (NASDAQ:EVGOWGet Free Report) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 79,906 shares, a growth of 105.8% from the June 15th total of 38,819 shares. Based on an average daily trading volume, of 1,902,855 shares, the days-to-cover ratio is presently 0.0 days.

EVgo Price Performance

Shares of NASDAQ EVGOW remained flat at $0.01 during mid-day trading on Wednesday. The business’s 50-day simple moving average is $0.01 and its two-hundred day simple moving average is $0.03. EVgo has a 52-week low of $0.00 and a 52-week high of $0.27.

About EVgo

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EVgo, Inc (NASDAQ: EVGOW) is a leading operator of public fast-charging networks for electric vehicles (EVs) in the United States. The company designs, installs, owns and operates DC fast chargers, offering charging speeds from 50 kW up to 350 kW. EVgo’s network is purpose-built to support individual drivers, electric vehicle fleets and rideshare services, providing reliable access to high-power charging at retail, grocery, parking and hospitality locations.

EVgo’s service offerings include pay-as-you-go charging, subscription plans for frequent users and customized solutions for fleet operators seeking to electrify delivery, logistics and rideshare fleets.

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