GreenPower Motor Company Inc. (NASDAQ:GP) Short Interest Update

GreenPower Motor Company Inc. (NASDAQ:GP) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 188,500 shares, a growth of 315.2% from the December 31st total of 45,400 shares. Based on an average trading volume of 259,600 shares, the short-interest ratio is presently 0.7 days.

GreenPower Motor Stock Performance

NASDAQ GP traded down $0.02 on Tuesday, hitting $0.80. 95,618 shares of the stock were exchanged, compared to its average volume of 210,454. The company has a market capitalization of $21.16 million, a PE ratio of -0.94 and a beta of 3.18. The business’s fifty day moving average is $0.84 and its 200 day moving average is $1.01. GreenPower Motor has a 52 week low of $0.70 and a 52 week high of $2.93. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.44 and a quick ratio of 0.06.

Institutional Investors Weigh In On GreenPower Motor

An institutional investor recently bought a new position in GreenPower Motor stock. Virtu Financial LLC acquired a new stake in GreenPower Motor Company Inc. (NASDAQ:GP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 25,092 shares of the company’s stock, valued at approximately $34,000. Virtu Financial LLC owned 0.09% of GreenPower Motor at the end of the most recent reporting period. Institutional investors own 1.69% of the company’s stock.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.