EZGO Technologies Ltd. (NASDAQ:EZGO) Sees Large Increase in Short Interest

EZGO Technologies Ltd. (NASDAQ:EZGO) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 159,200 shares, an increase of 5.2% from the November 15th total of 151,400 shares. Based on an average daily volume of 73,600 shares, the short-interest ratio is presently 2.2 days. Currently, 6.7% of the company’s stock are short sold.

EZGO Technologies Stock Performance

EZGO stock opened at $0.72 on Wednesday. The stock has a 50-day moving average price of $1.02 and a two-hundred day moving average price of $1.28. EZGO Technologies has a 1 year low of $0.71 and a 1 year high of $4.71. The company has a current ratio of 4.02, a quick ratio of 3.69 and a debt-to-equity ratio of 0.11.

About EZGO Technologies

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.