Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Sees Large Increase in Short Interest

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 6,400 shares, an increase of 300.0% from the August 31st total of 1,600 shares. Based on an average daily trading volume, of 50,900 shares, the short-interest ratio is currently 0.1 days.

Evolv Technologies Stock Performance

Shares of NASDAQ EVLVW traded down $0.03 during mid-day trading on Friday, hitting $0.41. 5,537 shares of the stock were exchanged, compared to its average volume of 60,931. The stock’s fifty day simple moving average is $0.43 and its two-hundred day simple moving average is $0.38. Evolv Technologies has a twelve month low of $0.15 and a twelve month high of $1.02.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. 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.