Vicinity Motor Corp. (NASDAQ:VEV – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 293,800 shares, a drop of 53.3% from the September 15th total of 629,400 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 9,340,000 shares, the days-to-cover ratio is currently 0.0 days.
Vicinity Motor Stock Down 6.2 %
VEV traded down $0.01 on Friday, hitting $0.12. The company had a trading volume of 980,893 shares, compared to its average volume of 3,111,577. Vicinity Motor has a 12-month low of $0.09 and a 12-month high of $0.98. The business’s fifty day simple moving average is $0.15 and its 200 day simple moving average is $0.47. The company has a market cap of $5.35 million, a PE ratio of -0.29 and a beta of 0.44.
Vicinity Motor Company Profile
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