Volcon, Inc. (NASDAQ:EMPD) Short Interest Down 42.8% in October

Volcon, Inc. (NASDAQ:EMPD - Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 801,200 shares, a drop of 42.8% from the September 30th total of 1,400,000 shares. Based on an average daily trading volume, of 819,100 shares, the short-interest ratio is currently 1.0 days. Approximately 1.8% of the shares of the company are sold short. Approximately 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 819,100 shares, the short-interest ratio is currently 1.0 days.Volcon Stock Up 4.2%Shares of Volcon stock traded up $0.28 on Friday, hitting $6.97. The company's stock had a trading volume of 717,414 shares, compared to its average volume of 903,004. Volcon has a 52-week low of $4.40 and a 52-week high of $80.80. The firm has a fifty day moving average price of $7.28 and a 200-day moving average price of $7.45. The company has a market capitalization of $308.21 million, a P/E ratio of -0.03 and a beta of -0.63. Volcon (NASDAQ:EMPD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported ($7.57) earnings per share (EPS) for the quarter. Volcon had a negative net margin of 720.28% and a negative return on equity of 282.87%. The business had revenue of $0.70 million during the quarter. Analysts Set New Price TargetsSeveral analysts have recently weighed in on the stock. Wall Street Zen raised shares of Volcon to a "sell" rating in a report on Saturday, July 26th. Weiss Ratings restated a "sell (e+)" rating on shares of Volcon in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, Volcon currently has a consensus rating of "Moderate Buy".View Our Latest Report on EMPDAbout Volcon (Get Free Report)Volcon, Inc develops, manufactures, and sells electric off road powersport vehicles in the United States. It provides electric two and four-wheel motorcycles, and utility terrain vehicles through its dealers. The company also offers a line of upgrades and accessories. Its products are designed for family off-road adventures, and work on the farm and fun transport around private land applications.Featured ArticlesFive stocks we like better than VolconEnergy and Oil Stocks ExplainedPalantir Breaks Out: Why PLTR Stock May Rally Into Year-EndAre Penny Stocks a Good Fit for Your Portfolio?MarketBeat Week in Review – 10/27 - 10/31Election Stocks: How Elections Affect the Stock MarketAmazon Earnings: 3 Catalysts That Could Drive Shares to $300This 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.Should You Invest $1,000 in Volcon Right Now?Before you consider Volcon, you'll want to hear this.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 Volcon wasn't on the list.While Volcon currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here