Volcon, Inc. (NASDAQ:VLCN) Short Interest Down 31.1% in December

Volcon, Inc. (NASDAQ:VLCN) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 52,200 shares, a decline of 31.1% from the November 30th total of 75,800 shares. Based on an average daily volume of 41,900 shares, the short-interest ratio is presently 1.2 days. Approximately 9.3% of the company’s stock are sold short.

Volcon Trading Up 3.1 %

VLCN traded up $0.12 during trading on Friday, hitting $4.03. 20,667 shares of the company’s stock traded hands, compared to its average volume of 75,867. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 2.07. Volcon has a 12-month low of $3.49 and a 12-month high of $6,300.00. The company’s 50 day simple moving average is $5.06 and its two-hundred day simple moving average is $14.17.

About Volcon

Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.