Volcon, Inc. (NASDAQ:VLCN) Short Interest Down 20.7% in January

Volcon, Inc. (NASDAQ:VLCN) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 60,900 shares, a decrease of 20.7% from the January 15th total of 76,800 shares. Approximately 10.9% of the shares of the stock are short sold. Based on an average trading volume of 1,010,000 shares, the days-to-cover ratio is currently 0.1 days.

Volcon Price Performance

Shares of NASDAQ VLCN opened at $1.22 on Friday. Volcon has a 1-year low of $1.10 and a 1-year high of $1,904.00. The company has a 50-day moving average of $3.61 and a two-hundred day moving average of $7.14. The company has a quick ratio of 1.71, a current ratio of 2.07 and a debt-to-equity ratio of 0.01.

Volcon (NASDAQ:VLCN) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($23.93) earnings per share for the quarter. The company had revenue of $1.08 million for the quarter.

Volcon Company Profile

Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.