Short Interest in Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Rises By 145.9%

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 21,195 shares, a growth of 145.9% from the January 29th total of 8,620 shares. Based on an average daily volume of 67,538 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 67,538 shares, the short-interest ratio is currently 0.3 days.

Evolv Technologies Price Performance

Shares of Evolv Technologies stock opened at $0.08 on Friday. The firm has a 50 day simple moving average of $0.19 and a 200 day simple moving average of $0.47. Evolv Technologies has a fifty-two week low of $0.07 and a fifty-two week high of $1.08.

About Evolv Technologies

Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.

The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.