Short Interest in NeoVolta Inc. (NASDAQ:NEOVW) Drops By 63.4%

NeoVolta Inc. (NASDAQ:NEOVW) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 49 shares, a drop of 63.4% from the July 30th total of 134 shares. Based on an average daily trading volume, of 745 shares, the short-interest ratio is currently 0.1 days.

NeoVolta Stock Down 3.9%

Shares of NASDAQ:NEOVW traded down $0.05 during trading on Friday, hitting $1.22. 123 shares of the company were exchanged, compared to its average volume of 4,113. NeoVolta has a 1-year low of $0.58 and a 1-year high of $3.81. The business’s 50 day moving average is $1.04 and its 200-day moving average is $1.18.

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.