Thunder Power Holdings, Inc. (NASDAQ:AIEV) Sees Significant Increase in Short Interest

Thunder Power Holdings, Inc. (NASDAQ:AIEVGet Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 629,900 shares, a growth of 7.6% from the December 31st total of 585,300 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average trading volume of 2,530,000 shares, the days-to-cover ratio is currently 0.2 days.

Thunder Power Trading Down 3.1 %

Shares of NASDAQ:AIEV traded down $0.01 during mid-day trading on Monday, reaching $0.26. 165,160 shares of the company traded hands, compared to its average volume of 244,392. The company’s 50 day moving average price is $0.32 and its 200-day moving average price is $0.45. Thunder Power has a 52 week low of $0.22 and a 52 week high of $12.12.

Thunder Power Company Profile

(Get Free Report)

Thunder Power Holdings Limited manufactures passenger electric vehicles. Thunder Power Holdings Limited was founded in 2013 and is based in Kowloon, Hong Kong. Thunder Power Hong Kong Limited operates as a subsidiary of Electric Power Technology Limited.

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