EVgo, Inc. (NASDAQ:EVGOW – Get Rating) was the target of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 17,100 shares, a decrease of 20.5% from the November 15th total of 21,500 shares. Based on an average daily volume of 36,700 shares, the short-interest ratio is currently 0.5 days.

EVgo Stock Down 2.0 %

EVGOW stock traded down $0.02 on Friday, hitting $1.00. 81,039 shares of the company's stock traded hands, compared to its average volume of 68,871. EVgo has a 1-year low of $0.88 and a 1-year high of $4.41. The stock has a fifty day moving average of $1.48 and a 200-day moving average of $1.77.

Institutional Trading of EVgo

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. HAP Trading LLC acquired a new stake in shares of EVgo during the first quarter valued at approximately $275,000. Privium Fund Management B.V. raised its holdings in shares of EVgo by 16.1% during the third quarter. Privium Fund Management B.V. now owns 428,118 shares of the company's stock valued at $771,000 after acquiring an additional 59,267 shares during the period. Warberg Asset Management LLC acquired a new stake in shares of EVgo during the third quarter valued at approximately $122,000. Finally, LMR Partners LLP raised its holdings in shares of EVgo by 3.9% during the third quarter. LMR Partners LLP now owns 1,234,015 shares of the company's stock valued at $9,761,000 after acquiring an additional 46,568 shares during the period.

Further Reading

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