Thunder Power Holdings, Inc. (NASDAQ:AIEV – Get Free Report) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 207,600 shares, a drop of 16.9% from the October 15th total of 249,900 shares. Based on an average daily trading volume, of 190,900 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are sold short.
Thunder Power Price Performance
Shares of NASDAQ:AIEV opened at $0.30 on Friday. The firm has a 50 day moving average price of $0.43. Thunder Power has a 52-week low of $0.27 and a 52-week high of $12.12.
Thunder Power (NASDAQ:AIEV – Get Free Report) last released its quarterly earnings results on Wednesday, September 4th. The company reported ($0.03) earnings per share for the quarter.
About Thunder Power
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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