Short Interest in DocGo Inc. (NASDAQ:DCGO) Rises By 24.4%

DocGo Inc. (NASDAQ:DCGO – Get Rating) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 5,650,000 shares, an increase of 24.4% from the November 30th total of 4,540,000 shares. Based on an average daily trading volume, of 828,500 shares, the short-interest ratio is currently 6.8 days. Approximately 6.8% of the company’s shares are short sold.

DocGo Stock Performance

NASDAQ DCGO opened at $7.07 on Friday. The company has a 50-day simple moving average of $7.60 and a two-hundred day simple moving average of $8.56. The company has a quick ratio of 3.54, a current ratio of 3.54 and a debt-to-equity ratio of 0.01. DocGo has a 12-month low of $4.96 and a 12-month high of $11.41. The firm has a market cap of $727.01 million, a price-to-earnings ratio of 16.07 and a beta of 0.65.

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