Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Sees Large Decline in Short Interest

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 1,600 shares, a decrease of 15.8% from the August 15th total of 1,900 shares. Based on an average daily trading volume, of 36,400 shares, the days-to-cover ratio is presently 0.0 days.

Evolv Technologies Stock Up 7.4 %

EVLVW traded up $0.03 during mid-day trading on Wednesday, reaching $0.51. The stock had a trading volume of 16,017 shares, compared to its average volume of 57,714. Evolv Technologies has a 52 week low of $0.15 and a 52 week high of $1.18. The firm’s fifty day simple moving average is $0.41 and its two-hundred day simple moving average is $0.38.

About Evolv Technologies

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.