Microvast Holdings, Inc. (NASDAQ:MVSTW) Short Interest Up 819.0% in September

Microvast Holdings, Inc. (NASDAQ:MVSTW) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 19,300 shares, a growth of 819.0% from the September 15th total of 2,100 shares. Based on an average daily trading volume, of 30,100 shares, the short-interest ratio is presently 0.6 days.

Microvast Price Performance

Shares of NASDAQ MVSTW traded down $0.01 during midday trading on Thursday, reaching $0.02. The company’s stock had a trading volume of 16,906 shares, compared to its average volume of 64,174. Microvast has a fifty-two week low of $0.02 and a fifty-two week high of $0.30. The stock has a 50 day simple moving average of $0.02 and a 200-day simple moving average of $0.03.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.