Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Short Interest Down 27.1% in March

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 19,363 shares, a drop of 27.1% from the February 26th total of 26,556 shares. Based on an average daily volume of 69,682 shares, the days-to-cover ratio is currently 0.3 days.

Evolv Technologies Stock Up 1.3%

EVLVW stock opened at $0.12 on Tuesday. The business has a 50-day moving average of $0.12 and a 200-day moving average of $0.35. Evolv Technologies has a fifty-two week low of $0.05 and a fifty-two week 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.