General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Short Interest Update

Key Points

• Short interest in General Enterprise Ventures, Inc. (GEVI) increased by 170.5%, with a total of 151,500 shares shorted as of July 31st, compared to 56,000 shares on July 15th.
• The company's current market cap is $73.21 million, and it reported earnings of ($0.10) earnings per share (EPS) for the last quarter with a negative return on equity of 575.81%.
• GEVI's stock traded at $1.10 recently, with a 12-month trading range between $0.47 and $2.15.

General Enterprise Ventures, Inc. (OTCMKTS:GEVI - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 151,500 shares, anincreaseof170.5% from the July 15th total of 56,000 shares. Based on an average trading volume of 257,200 shares, the short-interest ratio is currently 0.6 days. Approximately0.2% of the company's stock are sold short. Approximately0.2% of the company's stock are sold short. Based on an average trading volume of 257,200 shares, the short-interest ratio is currently 0.6 days.

General Enterprise Ventures Price Performance

Shares of OTCMKTS:GEVI traded down $0.07 on Thursday, hitting $0.97. 115,867 shares of the company traded hands, compared to its average volume of 119,120. General Enterprise Ventures has a 52 week low of $0.4702 and a 52 week high of $2.15. The stock has a 50 day simple moving average of $1.63 and a 200-day simple moving average of $1.44.

General Enterprise Ventures (OTCMKTS:GEVI - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $0.69 million for the quarter. General Enterprise Ventures had a negative net margin of 1,377.37% and a negative return on equity of 632.45%.

General Enterprise Ventures Company Profile

General Enterprise Ventures, Inc, engages in installing large home and facility proactive wildfire prevention systems. It offers CitroTech products for the prevention and spread of wildfires, as well as lumber treatments for fire prevention. The company was formerly known as General Entertainment Ventures, Inc and changed its name to General Enterprise Ventures, Inc in October 2021.