Short Interest in EZGO Technologies Ltd. (NASDAQ:EZGO) Grows By 10.6%

EZGO Technologies Ltd. (NASDAQ:EZGO) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 203,200 shares, an increase of 10.6% from the December 15th total of 183,800 shares. Based on an average daily trading volume, of 512,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 8.5% of the shares of the stock are sold short.

EZGO Technologies Stock Performance

NASDAQ:EZGO traded down $0.02 during mid-day trading on Monday, hitting $0.59. 185,141 shares of the company’s stock traded hands, compared to its average volume of 1,477,075. EZGO Technologies has a 1 year low of $0.51 and a 1 year high of $4.58. The firm’s 50 day simple moving average is $0.82 and its 200 day simple moving average is $1.13.

EZGO Technologies Company Profile

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.