EZGO Technologies Ltd. (NASDAQ:EZGO) Short Interest Update

EZGO Technologies Ltd. (NASDAQ:EZGO) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 6,900 shares, a drop of 98.5% from the March 31st total of 446,300 shares. Based on an average daily trading volume, of 569,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On EZGO Technologies

An institutional investor recently bought a new position in EZGO Technologies stock. Sabby Management LLC bought a new position in EZGO Technologies Ltd. (NASDAQ:EZGO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,847,387 shares of the company’s stock, valued at approximately $406,000. EZGO Technologies accounts for approximately 0.3% of Sabby Management LLC’s holdings, making the stock its 13th largest position. Sabby Management LLC owned 5.47% of EZGO Technologies as of its most recent SEC filing. Hedge funds and other institutional investors own 7.98% of the company’s stock.

EZGO Technologies Stock Up 8.2 %

NASDAQ EZGO traded up $0.16 during trading hours on Friday, hitting $2.12. The company had a trading volume of 194,055 shares, compared to its average volume of 1,729,091. EZGO Technologies has a fifty-two week low of $1.52 and a fifty-two week high of $110.80. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.79 and a quick ratio of 4.72. The business has a fifty day simple moving average of $2.94 and a 200-day simple moving average of $3.73.

EZGO Technologies Company Profile

EZGO Technologies Ltd., through its subsidiaries, designs, manufactures, rents, and sells e-bicycles and e-tricycles in the People's Republic of China. It operates in three segments: Battery Cells and Packs; E-Bicycles Sales; and Electronic Control System and Intelligent Robots. The company rents and sells lithium batteries under the Hengmao brand; sells, franchises, and operates smart charging piles for e-bicycles and other electronic devices; and sells battery cells and packs.