Twin Vee Powercats Co. (NASDAQ:VEEE) Short Interest Update

Twin Vee Powercats Co. (NASDAQ:VEEE) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 260,800 shares, a drop of 30.6% from the October 31st total of 375,800 shares. Currently, 4.8% of the company’s shares are sold short. Based on an average trading volume of 423,200 shares, the days-to-cover ratio is currently 0.6 days.

Twin Vee Powercats Stock Performance

VEEE stock remained flat at $0.42 on Friday. The company had a trading volume of 133,952 shares, compared to its average volume of 151,225. The company has a 50-day moving average price of $0.51 and a two-hundred day moving average price of $0.54. Twin Vee Powercats has a 12 month low of $0.33 and a 12 month high of $1.77. The stock has a market capitalization of $3.95 million, a price-to-earnings ratio of -0.39 and a beta of 1.28. The company has a current ratio of 4.00, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11.

About Twin Vee Powercats

Twin Vee PowerCats Co engages in the design, manufacture, and marketing of recreational and commercial power catamaran boats. It operates in three segments: Gas-Powered Boat, Electric-Powered Boat, and Franchise. The company's boats allow consumers to use them for a range of recreational activities, such as fishing, diving, and water skiing; and commercial activities, including transportation, eco tours, fishing, and diving expeditions.