Volcon, Inc. (NASDAQ:VLCN – Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 31,800 shares, a growth of 113.4% from the May 31st total of 14,900 shares. Based on an average trading volume of 685,400 shares, the days-to-cover ratio is presently 0.0 days. Approximately 9.6% of the shares of the company are short sold.
Hedge Funds Weigh In On Volcon
An institutional investor recently bought a new position in Volcon stock. Virtu Financial LLC purchased a new stake in Volcon, Inc. (NASDAQ:VLCN – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 46,647 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.19% of Volcon as of its most recent filing with the Securities & Exchange Commission.
Volcon Stock Performance
NASDAQ:VLCN traded down $0.81 during trading hours on Friday, reaching $4.28. The stock had a trading volume of 662,286 shares, compared to its average volume of 2,239,965. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.47 and a current ratio of 1.17. The stock has a 50 day simple moving average of $18.30 and a 200 day simple moving average of $168.26. Volcon has a 12-month low of $3.36 and a 12-month high of $16,425.00.
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.
Read More
- Five stocks we like better than Volcon
- What is Forex and How Does it Work?
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- MarketBeat Week in Review – 6/24 – 6/28
- How to invest in marijuana stocks in 7 steps
- General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
Receive News & Ratings for Volcon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volcon and related companies with MarketBeat.com's FREE daily email newsletter.
