Short Interest in Nuvve Holding Corp. (NASDAQ:NVVE) Decreases By 77.3%

Nuvve Holding Corp. (NASDAQ:NVVE) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 21,700 shares, a decrease of 77.3% from the February 28th total of 95,800 shares. Based on an average daily volume of 1,310,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.0% of the company’s shares are sold short.

Nuvve Trading Down 1.8 %

NASDAQ:NVVE opened at $1.62 on Friday. The company has a 50-day moving average price of $2.34 and a 200-day moving average price of $3.33. The stock has a market cap of $2.09 million, a price-to-earnings ratio of -0.02 and a beta of 1.83. Nuvve has a 12 month low of $1.34 and a 12 month high of $17.30.

About Nuvve

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.