Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) Short Interest Down 79.9% in January

Evolv Technologies Holdings, Inc. (NASDAQ:EVLVW) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 3,527 shares, a decrease of 79.9% from the December 31st total of 17,561 shares. Based on an average trading volume of 33,020 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 33,020 shares, the days-to-cover ratio is presently 0.1 days.

Evolv Technologies Price Performance

Shares of NASDAQ EVLVW traded down $0.01 during trading on Thursday, hitting $0.17. 9,000 shares of the company were exchanged, compared to its average volume of 29,800. The firm’s fifty day moving average price is $0.24 and its 200 day moving average price is $0.53. Evolv Technologies has a 1 year low of $0.12 and a 1 year high of $1.08.

Evolv Technologies Company Profile

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.