Short Interest in Lotus Technology Inc. (NASDAQ:LOTWW) Declines By 23.1%

Lotus Technology Inc. (NASDAQ:LOTWW) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 11,300 shares, a decline of 23.1% from the February 28th total of 14,700 shares. Based on an average daily volume of 14,500 shares, the short-interest ratio is presently 0.8 days.

Lotus Technology Trading Down 25.5 %

Shares of NASDAQ LOTWW traded down $0.03 during trading hours on Wednesday, hitting $0.09. 18,142 shares of the stock were exchanged, compared to its average volume of 26,111. Lotus Technology has a 12 month low of $0.07 and a 12 month high of $1.45. The firm has a fifty day moving average price of $0.15 and a 200-day moving average price of $0.22.

About Lotus Technology

Lotus Technology Inc engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc is based in Shanghai, China.