NWTN Inc. (NASDAQ:NWTNW) Sees Large Decrease in Short Interest

NWTN Inc. (NASDAQ:NWTNW) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 19,800 shares, a drop of 29.0% from the October 31st total of 27,900 shares. Based on an average daily volume of 57,300 shares, the days-to-cover ratio is presently 0.3 days.

NWTN Trading Up 2.4 %

Shares of NASDAQ:NWTNW traded up $0.00 during midday trading on Friday, reaching $0.05. 17,697 shares of the company were exchanged, compared to its average volume of 44,639. NWTN has a fifty-two week low of $0.03 and a fifty-two week high of $0.22. The stock has a fifty day simple moving average of $0.05 and a two-hundred day simple moving average of $0.05.

NWTN Company Profile

NWTN Inc operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.