Volcon, Inc. (NASDAQ:VLCN) Sees Significant Growth in Short Interest

Volcon, Inc. (NASDAQ:VLCN) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 544,800 shares, an increase of 75.2% from the March 31st total of 311,000 shares. Currently, 3.3% of the company’s shares are short sold. Based on an average trading volume of 4,770,000 shares, the short-interest ratio is currently 0.1 days.

Volcon Trading Down 3.9 %

VLCN stock opened at $0.25 on Friday. The business’s 50-day moving average price is $0.64 and its two-hundred day moving average price is $12.82. The firm has a market cap of $4.74 million, a PE ratio of 0.00 and a beta of -0.97. Volcon has a 1-year low of $0.21 and a 1-year high of $306.00.

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.