Thunder Power Holdings, Inc. (NASDAQ:AIEV) Short Interest Up 270.9% in December

Thunder Power Holdings, Inc. (NASDAQ:AIEV) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 585,300 shares, a growth of 270.9% from the November 30th total of 157,800 shares. Based on an average daily volume of 2,210,000 shares, the short-interest ratio is presently 0.3 days. Approximately 1.2% of the shares of the stock are sold short.

Thunder Power Price Performance

Shares of Thunder Power stock traded up $0.06 during trading on Friday, hitting $0.38. 4,920,567 shares of the company were exchanged, compared to its average volume of 1,003,207. Thunder Power has a fifty-two week low of $0.22 and a fifty-two week high of $12.12. The stock has a 50 day moving average of $0.32.

Thunder Power Company Profile

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.