EVgo, Inc. (NASDAQ:EVGOW) Short Interest Up 52.3% in August

EVgo, Inc. (NASDAQ:EVGOWGet Rating) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 48,900 shares, an increase of 52.3% from the August 15th total of 32,100 shares. Based on an average daily volume of 82,200 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in EVgo stock. HAP Trading LLC bought a new stake in EVgo, Inc. (NASDAQ:EVGOWGet Rating) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 70,000 shares of the company’s stock, valued at approximately $275,000.

EVgo Stock Down 14.4 %

Shares of EVgo stock opened at $2.02 on Friday. The stock’s fifty day moving average is $2.02. EVgo has a 12-month low of $0.95 and a 12-month high of $8.33.

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