Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Sees Significant Increase in Short Interest

from the March 15th total of 25,300 shares. Based on an average daily volume of 2,200 shares, the days-to-cover ratio is presently 13.7 days. Evolv Technologies Holdings, Inc. saw a large increase in short interest in March.

( ) experienced a significant increase in short interest during March. On March 31, there were 29,900 shares of short interest, which is an increase of 18.2% compared to the total of 25,300 on March 15. The days-to-cover is 2.6 days based on an average trading volume 11,600 shares.

Evolv Technologies Stock Price

On Thursday, the stock rose $0.34 to $0.45. The stock of the company traded 9,075 shares compared to an average of 11,686. Evolv Technologies's 12-month low is $0.15, and its 12-month high is $0.89. Anil Chitkara, an insider at Evolv Technologies, sold 50,000 of its shares in a deal on Friday 27th January. The shares were purchased at an average of $3.00 for a transaction totaling $150,000.00. The insider owns directly 1,097.972 shares worth $3,293,916 after the sale. Anil Chitkara, an insider, sold 50,000 shares in the company on Friday 27th January. The stock was purchased at an average of $3.00 for a transaction totaling $150,000.00. The insider owns directly 1,097.972 shares worth $3,293,916 after the transaction. Kevin M. Charlton, the director of the company, also purchased 8,000 shares in a deal that took place on March 8th. Stock was purchased at $3.13 on average per share for a transaction totaling $25,040.00. After the acquisition, the Director now owns approximately $772,856.47 worth of shares. Here is a link to the article
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Institutional Investors weigh in on Evolv Technologies

A recent increase in the stock of Evolv Technologies was made by an institutional investor. According to the most recent 13F filed with the Securities and Exchange Commission, the fund increased its holdings of the company's stock by 4,868.4% during the fourth quarter. The fund now owns 516,961 of the stock after adding 506,556 more shares in the last quarter. CSS LLC IL held Evolv Technologies shares worth $221,000 at the time of its latest filing with Securities and Exchange Commission.

Evolv Technologies

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Evolv Technologies Holdings, Inc offers artificial intelligence-based touchless screening systems. The company's products include Evolv Insights which provides self-service access and insights into visitor flow, arrival curves and system performance. It also offers alarm statistics.

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