General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Short Interest Update

General Enterprise Ventures, Inc. (OTCMKTS:GEVI) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 4,300 shares, a growth of 437.5% from the September 30th total of 800 shares. Based on an average daily volume of 6,800 shares, the short-interest ratio is presently 0.6 days.

General Enterprise Ventures Stock Performance

OTCMKTS:GEVI remained flat at $0.66 during mid-day trading on Friday. 1,000 shares of the company traded hands, compared to its average volume of 3,917. General Enterprise Ventures has a 1-year low of $0.32 and a 1-year high of $1.10. The company has a 50 day moving average price of $0.73 and a two-hundred day moving average price of $0.69. The stock has a market cap of $24.29 million, a P/E ratio of -4.40 and a beta of 5.11.

General Enterprise Ventures (OTCMKTS:GEVI) last released its quarterly earnings data on Friday, August 16th. The company reported ($0.02) earnings per share for the quarter. General Enterprise Ventures had a negative net margin of 1,292.80% and a negative return on equity of 391.64%. The company had revenue of $0.20 million for the quarter.

About General Enterprise Ventures

General Enterprise Ventures, Inc, engages in installing large home and facility proactive wildfire prevention systems. It offers CitroTech products for the prevention and spread of wildfires, as well as lumber treatments for fire prevention. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021.