Short Interest in Volcon, Inc. (NASDAQ:EMPD) Declines By 67.0%

Volcon, Inc. (NASDAQ:EMPDGet Free Report) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 244,600 shares, a drop of 67.0% from the August 31st total of 741,600 shares. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,010,000 shares, the days-to-cover ratio is presently 0.2 days.

Volcon Stock Down 0.8%

EMPD opened at $7.78 on Friday. The firm’s fifty day moving average price is $8.25 and its two-hundred day moving average price is $7.40. Volcon has a 1 year low of $4.40 and a 1 year high of $80.80.

Volcon (NASDAQ:EMPDGet Free Report) last posted its quarterly earnings data on Tuesday, August 12th. The company reported ($7.57) earnings per share (EPS) for the quarter. The firm had revenue of $0.70 million for the quarter. Volcon had a negative return on equity of 282.87% and a negative net margin of 720.28%.

Analyst Ratings Changes

Several analysts recently issued reports on EMPD shares. Wall Street Zen raised shares of Volcon to a “sell” rating in a research report on Saturday, July 26th. Weiss Ratings reissued a “sell (e+)” rating on shares of Volcon in a research report on Saturday, September 27th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Volcon

Volcon Company Profile

(Get Free Report)

Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.

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