Volcon, Inc. (NASDAQ:VLCN) Short Interest Up 60.3% in November

Volcon, Inc. (NASDAQ:VLCN) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 74,700 shares, a growth of 60.3% from the October 31st total of 46,600 shares. Approximately 12.8% of the company’s shares are sold short. Based on an average trading volume of 45,300 shares, the short-interest ratio is currently 1.6 days.

Institutional Trading of Volcon

A hedge fund recently bought a new stake in Volcon stock. Virtu Financial LLC bought a new position in Volcon, Inc. (NASDAQ:VLCN) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 46,647 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.19% of Volcon as of its most recent filing with the Securities and Exchange Commission (SEC).

Volcon Trading Up 3.0 %

VLCN stock opened at $4.51 on Friday. The stock’s fifty day simple moving average is $6.57 and its 200-day simple moving average is $38.24. Volcon has a 52-week low of $3.49 and a 52-week high of $7,941.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.71 and a current ratio of 2.07.

About Volcon

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.