Lobo EV Technologies Ltd (NASDAQ:LOBO) Short Interest Update

Lobo EV Technologies Ltd (NASDAQ:LOBO) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 40,660 shares, a decrease of 20.3% from the February 26th total of 51,028 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 24,458 shares, the short-interest ratio is presently 1.7 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Lobo EV Technologies in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Lobo EV Technologies Stock Performance

Lobo EV Technologies stock opened at $0.43 on Monday. The company has a quick ratio of 0.69, a current ratio of 1.56 and a debt-to-equity ratio of 0.02. Lobo EV Technologies has a 1-year low of $0.35 and a 1-year high of $2.41. The company has a fifty day simple moving average of $0.56 and a 200 day simple moving average of $0.68.

Lobo EV Technologies Company Profile

Lobo EV Technologies, Inc (NASDAQ:LOBO) is a provider of electric vehicle (EV) charging infrastructure and related services in the United States. The company offers a turnkey platform that spans design, financing, deployment, ownership and ongoing operation of both Level 2 and DC fast-charging stations. Lobo’s business model focuses on alleviating the capital and operational burdens often associated with EV charging for property owners and operators, enabling clients to offer charging services without large up-front investments.

Beyond hardware installation, Lobo delivers a suite of digital solutions that support charger management, real-time monitoring, payment processing and network connectivity.