Short Interest in Lotus Technology Inc. (NASDAQ:LOTWW) Declines By 21.9%

Lotus Technology Inc. (NASDAQ:LOTWWGet Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 16,400 shares, a decrease of 21.9% from the August 15th total of 21,000 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is presently 1.8 days.

Lotus Technology Trading Down 16.5 %

LOTWW traded down $0.05 during trading on Friday, hitting $0.25. The company’s stock had a trading volume of 1,951 shares, compared to its average volume of 45,978. The business’s fifty day moving average price is $0.31. Lotus Technology has a twelve month low of $0.25 and a twelve month high of $1.45.

Lotus Technology Company Profile

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Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.

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