EVgo, Inc. (NASDAQ:EVGOW) Short Interest Down 16.4% in April

EVgo, Inc. (NASDAQ:EVGOWGet Rating) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 30,000 shares, a drop of 16.4% from the April 15th total of 35,900 shares. Based on an average daily volume of 83,200 shares, the days-to-cover ratio is currently 0.4 days.

An institutional investor recently raised its position in EVgo stock. Privium Fund Management B.V. increased its position in shares of EVgo, Inc. (NASDAQ:EVGOWGet Rating) by 17.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 730,904 shares of the company’s stock after buying an additional 110,669 shares during the period. Privium Fund Management B.V.’s holdings in EVgo were worth $2,858,000 at the end of the most recent reporting period.

Shares of EVGOW stock traded down $0.10 during mid-day trading on Wednesday, reaching $2.05. The company’s stock had a trading volume of 522 shares, compared to its average volume of 81,838. EVgo has a 12-month low of $1.41 and a 12-month high of $8.33.

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