EVGO’s short interest shows a sharp decline on 2025-05-30

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. EVgo Inc shares valued at $270,039 were sold by KISH DENNIS G on May 20 ’25. At $3.69 per share, KISH DENNIS G sold 73,215 shares. The insider’s holdings dropped to 72,269 shares worth approximately $0.31 million following the completion of this transaction.

Also, KISH DENNIS G sold 46,785 shares, netting a total of over 175,612 in proceeds. Following the sale of shares at $3.75 each, the insider now holds 145,484 shares.

Before that, Dennis Kish had added 120,000 shares to its account. In a trade valued at $450,000, the Officer bought EVgo Inc shares for $3.75 each.

As published in a research note from UBS on October 10, 2024, EVgo Inc [EVGO] has been rated up from a Neutral to a Buy and the price target has been revised to $8.50 from $4. Analysts at TD Cowen upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early October. As of October 03, 2024, JP Morgan has increased its “Neutral” rating to a “an Overweight” for EVGO. Earlier on July 22, 2024, UBS initiated its rating. Their recommendation was “a Neutral” for EVGO stock.

Analyzing EVGO Stock Performance

On last trading session,, EVgo Inc [NASDAQ: EVGO] plunged -4.20% to $4.33. The stock’s lowest price that day was $4.26, but it reached a high of $4.5 in the same session. During the last five days, there has been a surge of approximately 1.17%. Over the course of the year, EVgo Inc shares have jumped approximately 6.91%. Shares of the company reached a 52-week high of $4.80 on 06/17/25 and a 52-week low of $2.19 on 03/04/25.

Support And Resistance Levels for EVgo Inc (EVGO)

According to the 24-hour chart, there is a support level at 4.23, which, if violated, would cause prices to drop to 4.12. In the upper region, resistance lies at 4.47. The next price resistance is at 4.60. RSI (Relative Strength Index) is 61.39 on the 14-day chart, showing neutral technical sentiment.

Is EVgo Inc subject to short interest?

Stocks of EVgo Inc saw a sharp steep in short interest on 2025-05-30 dropping by -3.3 million shares to 31.36 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 34.66 million shares. A decline of -10.54% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.39 of the overall float, the days-to-cover ratio (short ratio) decline to 5.39.

Which companies own the most shares of EVgo Inc (EVGO)?

In terms of EVgo Inc share price expectations, FactSet research, analysts set an average price target of 5.5 in the next 12 months, up nearly 21.68% from the previous closing price of $4.52. Analysts anticipate EVgo Inc stock to reach 8 by 2025, with the lowest price target being 4. In spite of this, 7 analysts ranked EVgo Inc stock as Buy at the end of 2025. On June 05, 2024, The Benchmark Company assigned a price target of “a Buy” to the stock and initiated coverage with a $3.

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