General Enterprise Ventures, Inc. (OTCMKTS:GEVI) Short Interest Up 9.3% in October

General Enterprise Ventures, Inc. (OTCMKTS:GEVI) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 4,700 shares, a growth of 9.3% from the October 15th total of 4,300 shares. Based on an average daily trading volume, of 12,300 shares, the short-interest ratio is presently 0.4 days.

General Enterprise Ventures Price Performance

OTCMKTS:GEVI opened at $0.69 on Tuesday. The firm has a market capitalization of $25.30 million, a price-to-earnings ratio of -4.58 and a beta of 5.19. General Enterprise Ventures has a 12-month low of $0.41 and a 12-month high of $1.10. The stock’s 50 day moving average price is $0.72 and its two-hundred day moving average price is $0.69.

General Enterprise Ventures (OTCMKTS:GEVI) last announced its earnings results on Friday, August 16th. The company reported ($0.02) earnings per share for the quarter. The firm 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%.

About General Enterprise Ventures

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.