Microvast Holdings, Inc. (NASDAQ:MVSTW) Short Interest Up 1,882.4% in January

Microvast Holdings, Inc. (NASDAQ:MVSTW) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 214,100 shares, a growth of 1,882.4% from the December 31st total of 10,800 shares. Based on an average daily volume of 213,800 shares, the short-interest ratio is currently 1.0 days.

Microvast Stock Performance

MVSTW traded up $0.01 during trading on Tuesday, reaching $0.31. 63,481 shares of the company’s stock were exchanged, compared to its average volume of 144,058. The company’s fifty day simple moving average is $0.27 and its 200-day simple moving average is $0.11. Microvast has a 1 year low of $0.02 and a 1 year high of $0.54.

About Microvast

Microvast Holdings, Inc provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator.