EVgo, Inc. (NASDAQ:EVGOW) Short Interest Update

EVgo, Inc. (NASDAQ:EVGOW) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 23,400 shares, a growth of 107.1% from the January 15th total of 11,300 shares. Based on an average daily volume of 100,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in EVgo stock. Boothbay Fund Management LLC purchased a new position in EVgo, Inc. (NASDAQ:EVGOW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 157,413 shares of the company’s stock, valued at approximately $84,000.

EVgo Trading Up 0.6 %

Shares of EVgo stock opened at $0.31 on Friday. The company has a 50-day simple moving average of $0.52 and a two-hundred day simple moving average of $0.68. EVgo has a one year low of $0.12 and a one year high of $1.99.

About EVgo

EVgo, Inc owns and operates a direct current fast charging network for electric vehicles (EVs) in the United States. The company offers electricity directly to drivers, who access its publicly available networked chargers; original equipment manufacturer charging and related services; fleet and rideshare public charging services; and charging as a service and fleet dedicated charging services.