Innoviz Technologies Ltd. (NASDAQ:INVZW) Sees Significant Increase in Short Interest

Innoviz Technologies Ltd. (NASDAQ:INVZW) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,700 shares, an increase of 612.5% from the January 15th total of 800 shares. Based on an average trading volume of 212,100 shares, the days-to-cover ratio is currently 0.0 days.

Innoviz Technologies Stock Performance

NASDAQ INVZW opened at $0.09 on Thursday. The company has a 50-day simple moving average of $0.16 and a two-hundred day simple moving average of $0.13. Innoviz Technologies has a 12-month low of $0.05 and a 12-month high of $0.48.

About Innoviz Technologies

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.