Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) Short Interest Update

Market Beat
2026.01.17 03:38
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Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) experienced a significant increase in short interest, rising 51.8% to 10,990,045 shares by December 31. This represents 7.1% of the company's shares sold short, with a days-to-cover ratio of 3.3 days based on an average daily trading volume of 3,316,466 shares. Additionally, insider trading activity included Anil Chitkara selling 120,000 shares and Kevin M. Charlton acquiring 15,000 shares. Hedge funds have also increased their positions in the company, which has a market cap of $1.09 billion and reported revenue of $42.85 million for the last quarter.