Canoo Inc. (NASDAQ:GOEVW) Short Interest Down 6.1% in September

Canoo Inc. (NASDAQ:GOEVW) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totalling 38,500 shares, a drop of 6.1% from the September 15th total of 41,000 shares. Based on an average daily volume of 85,500 shares, the short-interest ratio is presently 0.5 days.

Canoo Price Performance

Shares of NASDAQ GOEVW remained flat at $0.04 during mid-day trading on Wednesday. The stock had a trading volume of 38,293 shares, compared to its average volume of 114,740. Canoo has a 12 month low of $0.03 and a 12 month high of $0.17. The company has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.06.

About Canoo

Canoo Inc, a mobility technology company, designs, develops, markets, and manufactures electric vehicles for consumer, commercial fleet, government, and military customers in the United States. the company utilizes its multi-purpose platform architecture, a self-contained, fully functional rolling chassis that directly houses the critical components for operation of an electric vehicle, including its in-house designed proprietary electric drivetrain, battery systems, advanced vehicle control electronics and software, and other critical components.