Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Grows By 97,170.7%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 232,477 shares, a growth of 97,170.7% from the June 30th total of 239 shares. Based on an average daily trading volume, of 1,582,498 shares, the short-interest ratio is presently 0.1 days.

Evolv Technologies Stock Performance

NASDAQ:EVLVW opened at $0.00 on Friday. The firm has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.10. Evolv Technologies has a twelve month low of $0.00 and a twelve month high of $1.08.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.

The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.