Twin Vee Powercats Co. (NASDAQ:VEEE) Sees Significant Decrease in Short Interest

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

Twin Vee Powercats Price Performance

NASDAQ VEEE traded down $0.00 during mid-day trading on Friday, hitting $0.41. The company’s stock had a trading volume of 133,657 shares, compared to its average volume of 151,224. The company has a current ratio of 4.00, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. Twin Vee Powercats has a 52-week low of $0.33 and a 52-week high of $1.77. The stock’s fifty day simple moving average is $0.51 and its two-hundred day simple moving average is $0.55.

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.