Twin Vee Powercats Co. (NASDAQ:VEEE) Sees Significant Decline in Short Interest

Twin Vee Powercats Co. (NASDAQ:VEEE) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 180,300 shares, a decrease of 38.3% from the January 31st total of 292,300 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 497,200 shares, the short-interest ratio is presently 0.4 days.

Twin Vee Powercats Stock Down 0.5 %

Shares of NASDAQ VEEE opened at $0.42 on Tuesday. The business has a fifty day moving average of $0.43 and a two-hundred day moving average of $0.46. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.13 and a current ratio of 4.00. Twin Vee Powercats has a 52-week low of $0.31 and a 52-week high of $1.29. The stock has a market cap of $4.03 million, a PE ratio of -0.40 and a beta of 1.00.

About Twin Vee Powercats

Twin Vee PowerCats Co engages in the design, manufacture, and sale of recreational and commercial power catamaran boats. The firm is focused on designing and developing its products under the ELECTRA Power Sports brand. It operates through the following segments: Gas-Powered Boats, Electric Boat and Development, and Franchise.