Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Grows By 170.0%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVWGet Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,700 shares, an increase of 170.0% from the January 15th total of 1,000 shares. Based on an average daily trading volume, of 28,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Evolv Technologies

Several institutional investors have recently added to or reduced their stakes in EVLVW. Aristeia Capital LLC acquired a new stake in Evolv Technologies in the second quarter valued at $134,000. Walleye Capital LLC raised its holdings in Evolv Technologies by 3,785.7% in the second quarter. Walleye Capital LLC now owns 735,251 shares of the company’s stock valued at $1,007,000 after acquiring an additional 716,329 shares in the last quarter. Finally, CSS LLC IL raised its holdings in Evolv Technologies by 193.2% in the second quarter. CSS LLC IL now owns 1,602,322 shares of the company’s stock valued at $2,195,000 after acquiring an additional 1,055,810 shares in the last quarter.

Evolv Technologies Trading Up 13.2 %

Shares of NASDAQ EVLVW traded up $0.10 during trading on Monday, reaching $0.86. 9,126 shares of the stock were exchanged, compared to its average volume of 34,566. The business’s 50-day moving average price is $0.68. Evolv Technologies has a twelve month low of $0.39 and a twelve month high of $2.29.

Evolv Technologies Company Profile

(Get Free Report)

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.

Further Reading

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