<div id="readability-page-1"><p>Electrovaya Inc. (NASDAQ:ELVA - Get Free Report) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 334,380 shares,  a drop of 24.6% from the January 15th total of 443,463 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 937,767 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 937,767 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the shares of the company are sold short.</p><h2>Key Headlines Impacting Electrovaya</h2><p>Here are the key news stories impacting Electrovaya this week:</p><ul>   <li><span>Positive Sentiment: </span>EPS beat — Electrovaya reported $0.02 EPS vs. the $0.01 consensus, showing an improvement from a loss a year ago which supports near-term profitability expectations. <i></i><span>Electrovaya Inc. (ELVA) Q1 Earnings Surpass Estimates</span></li>    <li><span>Positive Sentiment: </span>Cash flow and margin improvements reported — adjusted EBITDA and operating cash flow rose materially, and cash on hand increased meaningfully, improving the company’s liquidity profile. <i></i><span>Electrovaya Reports Fiscal Year Q1 2026 Results</span></li>    <li><span>Neutral Sentiment: </span>Strategic progress highlighted — management described product development (including ultra‑high‑rate charging cell/system work) and other strategic initiatives on the earnings call; these are longer‑term positives but uncertain in near term. <i></i><span>Electrovaya Inc (ELVA) Q1 2026 Earnings Call Highlights: Robust Revenue Growth and Strategic ...</span></li>    <li><span>Neutral Sentiment: </span>Earnings transcript available — provides detail on margin drivers, capex and product roadmap for investors who want to parse management’s tone and forward commentary. <i></i><span>Electrovaya (ELVA) Q1 2026 Earnings Transcript</span></li>    <li><span>Negative Sentiment: </span>Revenue missed analyst expectations — Q1 revenue (~$15.5M) came in below the consensus (~$16.7M), a key reason for the negative market reaction despite the EPS beat. <i></i><span>Electrovaya quarterly earnings data</span></li>    <li><span>Negative Sentiment: </span>FY2026 revenue guidance reaffirmed but sits below consensus — management reiterated guidance of ~$83M in revenue, versus analysts’ ~$84.5M, leaving room for disappointment versus Street expectations. <i></i><span>Electrovaya Reports Fiscal Year Q1 2026 Results</span></li>    <li><span>Negative Sentiment: </span>Mixed profitability and balance‑sheet signals — some third‑party summaries highlight declines in certain profitability metrics and rising liabilities/capex, which likely amplified investor caution. <i></i><span>Electrovaya Inc. (ELVA) Stock Falls on Q1 2026 Earnings</span></li> </ul><h2>Institutional Investors Weigh In On Electrovaya</h2><p>Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP lifted its position in shares of  Electrovaya by 15.7% during the fourth quarter. Marshall Wace LLP now owns 223,897 shares of the company's stock worth $1,769,000 after purchasing an additional 30,353 shares in the last quarter.  First Trust Advisors LP raised its position in  Electrovaya by 33.4% in the 4th quarter. First Trust Advisors LP now owns 105,996 shares of the company's stock worth $837,000 after purchasing an additional 26,529 shares during the last quarter.  State Street Corp bought a new position in  Electrovaya in the 4th quarter worth approximately $267,000.  Wells Fargo &amp; Company MN lifted its holdings in  Electrovaya by 286.8% during the 4th quarter. Wells Fargo &amp; Company MN now owns 15,510 shares of the company's stock worth $123,000 after buying an additional 11,500 shares in the last quarter.  Finally, Jane Street Group LLC boosted its position in  Electrovaya by 111.9% in the 4th quarter. Jane Street Group LLC now owns 66,084 shares of the company's stock valued at $522,000 after buying an additional 34,904 shares during the last quarter. Institutional investors and hedge funds own  22.47% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>A number of equities analysts have recently commented on ELVA shares. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Electrovaya in a report on Monday, December 29th. Oppenheimer started coverage on shares of Electrovaya in a research report on Thursday, December 18th. They issued an &#34;outperform&#34; rating and a $14.00 price target for the company. Zacks Research raised Electrovaya from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Tuesday, November 11th. Raymond James Financial  reiterated a &#34;strong-buy&#34; rating and issued a $9.50 price objective on shares of Electrovaya in a research note on Thursday, December 11th. Finally, Roth Mkm  reissued a &#34;buy&#34; rating and issued a $10.00 target price on shares of Electrovaya in a report on Friday. One analyst  has rated the stock with a Strong Buy rating, two have assigned  a Buy rating and two have assigned  a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $11.17.</p><p><b>Get Our Latest Stock Report on ELVA</b></p><h2>Electrovaya Price Performance</h2><p>Shares of NASDAQ:ELVA traded down $1.00 during trading on Friday, reaching $7.75. The stock had a trading volume of 1,207,835 shares, compared to its average volume of 773,347. The stock has a market capitalization of $371.72 million, a PE ratio of 64.59 and a beta of 1.36. Electrovaya has a 52 week low of $1.80 and a 52 week high of $11.88. The business's 50-day moving average price is $8.58 and its 200 day moving average price is $6.69. The company has a debt-to-equity ratio of 0.71, a current ratio of 4.16 and a quick ratio of 2.93. </p><p>Electrovaya (NASDAQ:ELVA - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The firm had revenue of $15.50 million during the quarter, compared to the consensus estimate of $16.71 million. Electrovaya had a return on equity of 19.39% and a net margin of 7.07%. As a group, equities analysts predict that  Electrovaya will post 0.1 earnings per share for the current year. </p><h2>About Electrovaya</h2> (Get Free Report)<p>Electrovaya is a Canada-based energy storage company that designs and manufactures advanced lithium-ion battery systems and components. The company's core business revolves around the development of proprietary electrode and cell technologies that deliver high energy density, rapid charge capability and enhanced safety features. Electrovaya's product portfolio encompasses large-format battery cells, modules, complete battery packs and integrated energy storage systems tailored to industrial, commercial and utility-scale applications.  </p><p>In the industrial sector, Electrovaya supplies modular battery systems for material-handling equipment such as electric forklifts, automated guided vehicles and airport ground support vehicles.</p><h2>See Also</h2><ul><li>Five stocks we like better than Electrovaya</li><li>Your Bank Account Is No Longer Safe</li><li>Nvidia CEO Issues Bold Tesla Call</li><li>Buy this Gold Stock Before May 2026</li><li>What a Former CIA Agent Knows About the Coming Collapse</li><li>The day the gold market broke</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Electrovaya Right Now?</h2><p>Before you consider Electrovaya, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Electrovaya wasn't on the list.</p><p>While Electrovaya currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

ELVA

<p>Electrovaya Inc. (NASDAQ:ELVA) experienced a 24.6% decline in short interest in January, with 334,380 shares short as of January 30th. The short-interest ratio is 0.4 days, with 0.7% of shares sold short. Despite an EPS beat of $0.02, Q1 revenue of ~$15.5M fell short of the $16.7M consensus, leading to mixed market reactions. Institutional investors have increased their stakes, with hedge funds owning 22.47% of the stock. Analyst ratings vary, with some maintaining a 'hold' and others issuing 'buy' ratings.</p>

Electrovaya Inc. (NASDAQ:ELVA) Short Interest Update