Arcimoto Inc (NASDAQ:FUV) Just Reported Increased Shorts

July 27, 2018 - By Palma Niemeyer

The stock of Arcimoto Inc (NASDAQ:FUV) registered an increase of 3.8% in short interest. FUV’s total short interest was 95,600 shares in July as published by FINRA. Its up 3.8% from 92,100 shares, reported previously. With 12,500 shares average volume, it will take short sellers 8 days to cover their FUV’s short positions.

The stock decreased 6.60% or $0.26 during the last trading session, reaching $3.68. About 8,662 shares traded. Arcimoto, Inc. (NASDAQ:FUV) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Arcimoto, Inc. develops and builds a pilot fleet of three-wheeled electric vehicles. The company has market cap of $58.58 million. The firm was formerly known as WTP Inc and changed its name to Arcimoto, Inc. in December 2011. It currently has negative earnings.

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