Short Interest in Gogoro Inc. (NASDAQ:GGROW) Drops By 66.0%

Gogoro Inc. (NASDAQ:GGROW) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 8,700 shares, a drop of 66.0% from the October 15th total of 25,600 shares. Based on an average daily volume of 26,700 shares, the short-interest ratio is currently 0.3 days.

Gogoro Stock Performance

Shares of GGROW stock remained flat at $0.04 during trading hours on Tuesday. The stock had a trading volume of 26,899 shares, compared to its average volume of 21,228. The company has a 50 day moving average price of $0.04 and a 200-day moving average price of $0.06. Gogoro has a 12 month low of $0.02 and a 12 month high of $0.25.

Gogoro Company Profile

Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.