Short Interest in General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Expands By 92.9%

General Enterprise Ventures, Inc. (OTCMKTS:GEVI) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 10,800 shares, a growth of 92.9% from the March 15th total of 5,600 shares. Based on an average trading volume of 110,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

General Enterprise Ventures Stock Up 5.4 %

Shares of GEVI traded up $0.07 during trading hours on Thursday, reaching $1.36. 10,016 shares of the company traded hands, compared to its average volume of 61,254. The stock has a market capitalization of $50.05 million, a PE ratio of -17.00 and a beta of 5.35. The stock has a fifty day simple moving average of $1.13 and a 200 day simple moving average of $0.88. General Enterprise Ventures has a fifty-two week low of $0.41 and a fifty-two week high of $1.60.

General Enterprise Ventures (OTCMKTS:GEVI) last issued its quarterly earnings results on Monday, March 31st. The company reported ($0.05) EPS for the quarter. General Enterprise Ventures had a negative return on equity of 162.24% and a negative net margin of 544.66%. The company had revenue of $0.07 million for the quarter.

About General Enterprise Ventures

General Enterprise Ventures, Inc, engages in installing large home and facility proactive wildfire prevention systems. It offers CitroTech products for the prevention and spread of wildfires, as well as lumber treatments for fire prevention. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021.