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

Thunder Power Holdings, Inc. (NASDAQ:AIEVGet Free Report) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 271,800 shares, a drop of 56.9% from the December 31st total of 629,900 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 2,550,000 shares, the short-interest ratio is presently 0.1 days.

Thunder Power Price Performance

NASDAQ:AIEV opened at $0.28 on Friday. The company’s 50 day moving average is $0.32 and its 200-day moving average is $0.46. Thunder Power has a 12 month low of $0.22 and a 12 month 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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