This isn't new news but it is good to see it increasingly reported. The float is small so each fund deciding to jump in will push ELVA higher.
From: Defense World- https://www.defenseworld.net/2024/03/09/brokers-set-expectations-for-electrovaya-inc-s-q2-2024-earnings-nasdaqelva.html
Hedge funds have recently modified their holdings of the company. Toronto Dominion Bank bought a new stake in shares of Electrovaya in the 3rd quarter worth approximately $67,000. Worth Venture Partners LLC bought a new stake in shares of Electrovaya in the 4th quarter worth approximately $2,510,000. Finally, AIGH Capital Management LLC bought a new stake in shares of Electrovaya in the 3rd quarter worth approximately $9,582,000.