General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Sees Significant Increase in Short Interest

General Enterprise Ventures, Inc. (OTCMKTS:GEVI) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 4,300 shares, a growth of 437.5% from the September 30th total of 800 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is presently 0.6 days.

General Enterprise Ventures Price Performance

Shares of OTCMKTS GEVI remained flat at $0.66 during midday trading on Friday. 1,000 shares of the stock traded hands, compared to its average volume of 3,917. The company has a 50-day moving average price of $0.73 and a two-hundred day moving average price of $0.69. General Enterprise Ventures has a 12-month low of $0.32 and a 12-month high of $1.10.

General Enterprise Ventures (OTCMKTS:GEVI) last released its earnings results on Friday, August 16th. The company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $0.20 million for the quarter. General Enterprise Ventures had a negative return on equity of 391.64% and a negative net margin of 1,292.80%.

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.