NWTN Inc. (NASDAQ:NWTN) Short Interest Up 94.4% in September

NWTN Inc. (NASDAQ:NWTN) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 186,400 shares, an increase of 94.4% from the September 15th total of 95,900 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 48,800 shares, the short-interest ratio is presently 3.8 days.

NWTN Stock Down 5.7 %

Shares of NWTN traded down $0.04 during trading hours on Friday, hitting $0.66. The company had a trading volume of 5,793 shares, compared to its average volume of 66,167. NWTN has a 52-week low of $0.59 and a 52-week high of $10.00. The stock’s 50 day moving average price is $0.86 and its 200 day moving average price is $2.66.

NWTN Company Profile

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.